At Bank SNB, we want to help make your dream of building a new home a reality. Our experienced bankers can help guide you through the process every step of the way.
From the initial purchase of the lot to finalizing your building plans and specs, we can help you determine your budget for the overall construction plan. Our goal is to make the process as simple and stress-free as possible by working closely with you and your builder. As part of the construction loan process, your loan officer will complete the pre-approval for your mortgage financing to make sure the transition from construction financing to mortgage financing is seamless and easy.
Depending on the size of the home, we offer 12- to 18-month terms on construction loans with fixed interest rates and interest-only payment options. We can also assist with financing for the land purchase prior to construction.
Whether you are considering purchasing a new home or deciding if it’s the right time to refinance, use our calculators to help you make your decision. Explore our helpful resources to answer many of your mortgage questions, or talk with one of our loan officers to determine the mortgage that’s right for you.