Construction Loans

We offer several programs for construction loans.

Government Insured One Time Close

Our Government Insured One Time Close Program allows for a person to build a home on land they may already own or include the purchase of land in one total price point with as little as ZERO DOWN.

The Zero Down Payment option is available for eligible Veterans of the United States Armed Forces (VA) or persons building in a Rural Development Zone (USDA).

For those borrowers who are not Veterans or in a Rural Development Zone, this construction loan program is offered with a minimum cash (or equity) down payment of THREE AND ONE HALF PERCENT (3.5%).

Conventional One Time Close

Our Conventional One Time Close Construction Program allows for a person to build a home on land they may already own or include the purchase of land in one total price point with as little as TEN PERCENT (10%) CASH OR EQUITY DOWN.

For those who have always dreamed of building a home in their family’s image, I am available to help you see your Dream through to Fruition.

Sincerely,

Norris D. Aikens

P.S. We continue to offer the Conventional Construction Loan Program which requires a two-time close.