Premier Mortgage will guide you every step of the way.
Construction loans starting at 6.59% | 7.926% APR
We can also help you with a Lot Loan
Simple transition into mortgage loan at home's completion
Construction Loan
Rate
APR
Credit Score: 700+
6.59%
7.926%
APR = Annual percentage rate as of 06/20/2024. Subject to credit approval. Other terms, conditions, restrictions & fees may apply. Full documentation, title & property insurance required. Construction Loan Rate as of publication date and subject to change. APR is based on a $320,000 construction loan amount, 9 month term, interest only payment with a 20% down payment (loan valuation of $400,000). Monthly Interest Only Payment based on a 50% usage of the construction funds at $160,000= $878.67.
Risk Based Pricing: Rates may be higher and are dependent on an applicant’s Loan to Value and Credit Score. To obtain rates based on your scenario, please contact us at 563-588-1000.