Personal Banking

Building or remodeling a home? The One-Time-Close Loan makes it easy and worry free.

One application, one approval, one closing, one interest rate and no worry! The One-Time Close Loan eliminates rate risk, saves you loan costs and time when you are building or remodeling your home. You can lock in your permanent mortgage at today’s interest rate. If the rate declines during the construction phase, you can lock in to the lower rate with our one-time float down. And with only one closing for the lot purchase, construction phase and the permanent mortgage, you will save on additional escrow and title fees. What could be easier?

One application, one approval, one closing
Save on closing costs (No second loan approval,no second closing; no additional costs of escrow and title fees)
Loans available up to $4,000,000
Lock-in rate at today’s interest rate for permanent mortgage at time of approval
Take advantage of a one-time float down if rates decline during construction period
Construction and remodels eligible
18 month construction – interest only
Local servicing
Local underwriting
Reduced documentation loans available

All loans subject to credit approval and property evaluation. Certain restrictions apply.