The construction loan – FOR
any construction project
Whether building new, remodeling or renovating, a construction project can be costly and often involve unforeseen expenses. A construction loan gives you the financial leeway to make your project a reality.
With this construction loan, a construction account will be opened for you. With it, you pay all current construction bills- the architect, contractor, artisans, suppliers, etc.
Once your construction is complete, you can convert the construction loan into a mortgage that suits you.