Taking out a construction loan is a lot like having your cake and eating it too — pay interest only during construction, and when it's finished, roll the remainder of the loan into a mortgage. A one-stop shop from blueprint to move-in. Contact one of our loan officers today to secure affordable financing for the construction of your home!
- Competitively low rates for your home construction project
- Provides more convenience, especially toward the end of the construction phase and the beginning of permanent mortgage
- Pay off interest quicker; payments are interest-only during construction phase
- Repayment includes monthly interest payments with a balloon payment due at maturity
- Construction draws applied in stages based on work completed
- Local decision-making and processing with your local community bank
- Attentive, friendly service from start to finish
If you have questions, feel free to contact one of our qualified loan officers by phone at 816-322-2100 or email us at email@example.com.*
*Community Bank of Raymore uses the latest encryption technologies to ensure the security of its web site. However, we ask you NOT to include confidential information including account numbers, passwords, Social Security numbers, etc., in any electronic communication. To discuss confidential information, please stop by one of our Community Bank locations or simply call 816-322-2100.