Construction Loans

As one of a few lenders in Connecticut that still offers a construction to permanent loan program, our unique program features just one closing that combines construction financing and permanent financing into one loan. Lock in a rate prior to closing that will hold for both the construction period and for the conventional loan (adjustable rates loans for initial period).

Features:

• Flexible draw schedules
• Interest only payments on amount dispersed
• Available for on-site home construction and modular homes
• Terms up to 30 years on either fixed or adjustable rate mortgages
• Decisions made on all loans locally here in Connecticut