Construction
Finance the build as it happens, drawing funds in stages and paying interest only on what’s drawn, then convert to permanent financing when the home is done. For new builds and major rebuilds alike.
Is this you?
How it works
Funds are released in stages tied to construction milestones, and you pay interest only on the amount drawn so far.
Lenders look at total project cost against the loan amount, your contribution is the equity that makes the numbers work.
Many programs convert to a standard mortgage at completion, so you don’t have to qualify twice or close twice.
What you’ll bring
A starting list, not a final one, every file is a little different, and we’ll tell you exactly what yours needs.
Common questions
No, interest accrues only on what’s been drawn, which keeps carrying costs lower while the home is going up.
Often, yes. Construction-to-permanent loans convert at completion, saving a second closing. We’ll set it up that way where it fits.
Most construction lenders vet the builder and budget. We’ll guide that step and keep the draws moving.
Keep exploring
Renovate-and-resell project financing.
Learn moreFor higher-value completed homes.
Learn moreThe permanent loan a build converts into.
Learn moreThis page is informational and not a commitment to lend or a guarantee of any rate or term. All loans are subject to credit approval and program guidelines; not all applicants will qualify.
Get started
One conversation tells us whether this is your best move, or whether something else fits better. No pressure either way.
