We offer a number of construction and construction-to-permanent loans designed to help you finance your home easily and conveniently. For information on these products, including the benefits of closing before construction begins, talk with our mortgage specialist, Peggy Hoffman at 507-645-3111.
Once you decide to build your own home, there are several ways to find a quality builder in your area. Contact your local chapter of the National Association of Home Builders.
Hiring a builder is much like hiring any other type of professional – you will want to work with someone who is highly qualified. Some things to consider when interviewing a prospective builder for your project:
Once you receive the final specs from your contractor, we’ll set up a construction or construction-to-permanent loan that allows you to take necessary draws for up to 9 months. When your home is complete, we’ll convert your loan to a permanent financing solution, eliminating the need for two separate closings and duplication of closing costs.