Build Your Dream Home with Confidence – Flexible Financing Made Easy!

Strong Foundations. Smart Financing.

Introduction & Benefits

Your Home, Your Way

Our custom home construction loans provide flexible financing, competitive interest rates, and expert guidance—from blueprint to move-in day. Whether you’re starting from the ground up or adding personalized details to an existing plan, we help you bring your vision to life with smart lending solutions.

Key benefits

Tailored financing designed for custom home builds. Rates are subject to change. Offer availability may vary based on credit approval and market conditions
Competitive rates to keep your project affordable
Expert guidance for a seamless lending process
Smooth transition from construction loan to long-term mortgage

Loan Details & Offer Highlights

Limited-Time Offer

Building a home is a major investment – securing the right financing makes all the difference. For a limited time, lock in our 9-month construction loan with an APR* of 2.049% and Interest Rate of 1.49%—a competitive rate designed to provide financial flexibility during your build. Apply today to secure your loan and start your project with confidence! *Annual Percentage Rate based on a 9-month loan, in the amount of $500,000, interest only payments with a balloon payment due at maturity. Rates are subject to change based on market conditions and individual credit approval. Contact a loan specialist to confirm current terms.

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What is a Construction Loan?

Financing Tailored for Builders

A construction loan is a short-term financing option designed to fund custom home building projects. Funds are disbursed in draws, ensuring financial stability throughout construction and covering each milestone.

Most construction loans feature interest-only payments, allowing builders to manage costs efficiently during construction. Upon completion, borrowers must apply separately for long-term mortgage financing. Approval is based on updated financial documentation and credit qualification at the time of transition. All loans are subject to credit approval. Terms and conditions apply.

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How It Works

Apply for Financing

Get expert guidance and submit your application.

Secure Loan Approval

Access funding for your construction.

Begin Building

Work with your builder while managing costs efficiently.

Transition to a Mortgage

Convert your construction loan into long-term financing.

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What You Need to Know

Common Questions About Construction Loans

Loan Structure & Process

A construction loan is a short-term financing solution designed to support custom home projects. Funds are released in phases (draws) as construction progresses, covering key milestones to ensure financial stability. Most construction loans feature interest-only payments during the build. Upon completion, the loan transitions into a fixed-rate mortgage, requiring a separate mortgage application and updated financial documentation to finalize refinancing.

Citizens First Bank offers construction-only loans, which provide short-term financing for the building process. These loans release funds in phases (draws) as construction progresses, ensuring financial stability at key milestones. Once the home is completed, borrowers must apply for a separate mortgage to transition into long-term financing, with updated financial documentation required for approval.
All loans are subject to credit approval. Terms and conditions apply.

Funds are released in stages (draws) based on project milestones like foundation completion or framing.

Down payment requirements vary based on loan structure, property type, and financial qualifications. Speak with a loan specialist to determine eligibility and required payment amounts.

Usually interest-only payments until construction is complete.

Eligibility & Requirements

Yes! Lenders require blueprints, budgets, and timelines to approve financing.

If construction takes longer than expected, borrowers may need to apply for an extension or refinancing, which is subject to updated financial review, credit approval, and potential fees.

Disclaimer:

All loans are subject to credit approval. Terms, conditions, and eligibility requirements apply. Rates quoted are intended as guidelines and may vary based on creditworthiness, property type, loan structure, and market conditions.

Important Notes:

Interest rates, loan terms, and availability may change. Speak with a loan specialist to confirm current offerings.
Down payment requirements vary based on financing options selected at the end of the construction process.
The construction loan does not automatically convert to a fixed-rate mortgage—borrowers must apply separately for long-term financing, providing updated financial documentation at the time of transition.
Extensions or refinancing may be required if the construction timeline exceeds the loan term, which may result in additional fees.

Ready to Build? Let’s Get Started!

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