Ready now? Call us today! 833-691-4331
Here is how the process works.
Apply for your loan.
Loan gets approved. Find your builder!
The fun starts! Start building your dream home and move in.
No matter what type of home you are looking to build, we support different types of construction, from Stick Built, used for traditional construction methods, renovations, and add-ons, to System Built, used for log, manufactured, and modular homes.
A construction loan comes in handy when you can’t find your perfect home…it just hasn’t been built yet! We can help get your project off the ground. They cover the costs of building your own home which makes them different from traditional mortgage loans.
At The Federal Savings Bank, we pride ourselves on providing a variety of loans to solve our clients’ needs. With a construction loan from us, you can:
Thinking of building a new home yourself? Contact us to find out your options.
Products and interest rates subject to change without notice. Loan products are subject to credit approval and include terms and conditions, fees and other costs. Terms and conditions may apply. Property insurance is required on all loans secured by property. VA loan products are subject to VA eligibility requirements. Adjustable Rate Mortgage (ARM) interest rates and monthly payment are subject to adjustment. Upon submission of a full application, a mortgage banker will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.
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