About Construction Loans

A construction loan is a short-term loan that covers only the costs of custom home building. This is different from a mortgage, and it’s considered specialty financing. Once the home is built, the prospective occupant must apply for a mortgage to pay for the completed home.

However, there are several other loans available when it comes to home building, from ground-up building to a complete remodel of the entire house. There’s likely a loan out there that’s right for you, whether you’re starting from scratch with a land loan or completely renovating a home.

Benefits of Construction Loans?

  • Flexible Terms
  • Pay Only The Interest During Construction
  • Transition to a Permanent Loan
  • The Freedom To Choose
  • Minimum Requirements

Get Started!

Discover the difference with Nation One
Contact us today or start your application now!