Are you ready to build your dream home?

We have an extensive amount of experience helping people build their new home. Whether you are building your primary home or a second home, we can answer your questions and help guide you through the process of achieving your new dream home. If you are ready to get started, please contact us. Subject to credit approval.

How a construction loan works:
A construction loan is similar to a line of credit. Like a credit card, you are approved to spend up to a certain amount of money to build your new home. Construction loans typically require interest-only payments during construction and become due upon completion (meaning that the house has received its certificate of occupancy). The balance due is then rolled over or ‘converted’ into a typical home mortgage.

You, the contractor and the lender establish a draw schedule based on stages of construction. Funds are advanced to cover construction costs such as excavation, utilities, materials, labor and other expenses as work progresses. Try out our financial calculators to find out how much of a home you can afford.