Available Program Types
Construction-to-Permanent (C2P)
One-close loan that converts from a construction line to a permanent mortgage when building is complete. The most popular option for custom home builds.
Detailed guide coming soonFHA Construction Loans
Government-backed construction financing with lower down payment requirements (as low as 3.5%) for qualifying borrowers.
Detailed guide coming soonVA Construction Loans
Zero-down construction financing for eligible veterans, active-duty service members, and surviving spouses.
Detailed guide coming soonOwner-Builder Loans
Financing for borrowers who act as their own general contractor. Requires demonstrated construction experience.
Detailed guide coming soonLot & Land Loans
Financing to purchase land before construction begins. Can often be rolled into a future construction loan.
Detailed guide coming soonStand-Alone Construction
Short-term construction-only financing that requires a separate permanent loan at completion. Offers flexibility but involves two closings.
Detailed guide coming soonHow Construction Loans Differ From Traditional Mortgages
Unlike a conventional mortgage that funds the purchase of an existing home, construction loans finance the building process itself. Funds are disbursed in stages (draws) as work is completed, and you typically pay interest only on the amount drawn during construction. Once the build is complete, the loan either converts to a permanent mortgage or must be refinanced.
Construction loans generally require higher down payments (20-25%), stronger credit profiles, and more documentation than standard mortgages — including approved plans, builder contracts, and detailed budgets.