Buy Land and Build a Home with One Convenient Loan
The One-step Construction Loan simplifies the construction process by eliminating the need for multiple loans. With this program, you also have options for choosing the interest rate terms and payment options that will work best for your needs.
Both fixed-rate and fixed-to-adjustable interest rates are available for construction loans, with a variety of repayment options, including an option for interest-only payments during the construction period. You can learn more about available loan terms here.
The One-step Construction Loan simplifies the home building process.
One loan, one set of fees and one closing
Renovations, remodels and outbuildings are eligible
Interest-only payments during construction*
Flexible time periods for more complex projects
Interest rates locked in during construction
*Available rates and loan terms vary by program.