Timely financing can help you build your dream home.
Custom-built homes offer many advantages, as they give owners greater control over the size, design and location. Whether you decide to oversee the work yourself or hire a general contractor, we offer loans specially tailored for new home construction. Our experienced lending team will work closely with you to ensure timely financing for each phase of the project.
- Short-term, fixed-rate loans
- For new construction or major renovations
- Competitive interest rates
- Interest-only payments during construction to help keep payments low while you transition between homes
- We offer competitive end mortgage terms to pay off your construction loan
- Our expert administrative teams work with you or your builder and the title company to provide a smooth process for issuing draws
- Can provide construction-to-permanent loans to save on closing costs and lock in your rate
- Finance the purchase of undeveloped lots
- Fixed rates
- Refinancing options available
To learn more, please contact one of our loan officers.
First Bank of Manhattan & New Lenox are full-service banks with branches in Will County, Illinois.