Construction Loans

Construction Loans

That you want to build on or are interested in purchasing land https://speedyloan.net/installment-loans-ky/ and building a new home, Metairie Bank can provide financing from $100,000 to $4,000,000 through a one-closing construction loan where you can avoid the cost and hassle of closing twice whether you already own the land. This sort of loan features low closing expenses that are compensated only one time and offers mortgage loan which will be locked-in during the time of application for both the construction and permanent percentage of the loan. Review the actions below and present us a call to start building your ideal house.

Arrange a pre-qualification conference with a Metairie Bank construction loan professional. A pre-qualification shall figure out if the loan quantity you want is at your financial allowance. Contact us at 504-834-6330 or 985-674-2255, or perhaps you can e-mail us at mortgage@metairiebank.com.

Information on your ideal House

Thoughts is broken pre-qualified, finalizing your property plans and getting a builder are your next actions.

  • Building Plans – In purchase to start the assessment, your loan originator requires a couple of your property plans (blueprints). The plans want to show measurement and level.