Need a Construction Loan ?

A construction loan finances the land, land improvements (such as clearing, grading, utilities, driveway, etc.), actual construction costs, finishes in the home (such as carpeting, appliances, etc.), architects and engineer's fees, permit fees, interest payments on the construction loan while the home is under construction (so you don’t have to make payments on your present home plus the home under construction if you do not wish to) and closing costs on the transaction. A one-time-close construction loan seamlessly converts to a permanent mortgage when the home is finished. So, you can finance the initial purchase of the land (or the payoff of a land loan if you already have taken title to the land) and the turn-key cost of building your new home and effortlessly convert to a permanent mortgage when your home is finished with just one set of closing costs.

Because the housing market has slowed down, consumers are in a position to take advantage of lower material prices, competitive subcontractor bids, and more equity when the home is finished. 

Now is the perfect time to build if you are looking to save Money!