Construction Loans

Construction loans are available to individuals or builders. The interest rate is fixed for a term not to exceed 12 months and the maximum loan amount is 80% of the appraised value. In addition, we also provide permanent loan financing at a guaranteed rate.

Our construction loans provide the following services:

Bill Paying Service
Generally, invoices are paid the same day and are guaranteed to be paid within 3 days of receipt.

1099 Processing
We obtain W-9 information and complete the 1099 annual reporting.

Lien Waivers
We will obtain lien waivers for title insurance requirements.

Unlimited Draws

Monthly Loan-In-Process Statements