Construction and Renovation Loans

As a local bank, growth in our communities is important to us. Building a new home or renovating an existing residence can be a complex undertaking. Let our experienced and local loan officers help ease the financing process.

Construction Features

• Down Payment as low as 5%
• One Time Closing
• Interest Only Payments during Construction
• Rate is locked before construction begins
• Equity from the lot may be used towards down payment

Renovation Features

• Purchase or refinance
• Down Payment as low as 5%
• One Time Closing
• Completed Value used to determine LTV
• Renovation to begin after the loan closes, funds disbursed based on completion