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Construction & Land Loans

We care [about getting you into a safe and reliable vehicle]

Want To Build Your Home?
You Dream It, We Can Help Build It.

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Frequently Asked Questions

What will my payment be for a construction loan?

During construction, for up to 1 year, your payment will be interest only. After one year, or the construction is complete, you payment will be calculated with principal and interest.

What is the rate for a construction loan?

Construction loans are the same rate as our mortgages. Rates change daily, so please call us at 207-282-6169 for the most up-to-date information.

If I just want land, can you finance that?

Yes! Land loans can be done for terms up to 10 years on up to 80% of the appraised value.

How does a construction loan work?

If you already have the land, we will need the plans and estimates to get going. Your builder will likely give us a disbursement schedule, that with your builder, we will work with you to ensure disbursements are made appropriately. We complete inspections upon each disbursement to ensure work is being completed as intended.

207-282-6169 | ROUTING NUMBER: 211288666