Home Construction Loans

Features & Benefits

Building your one-of-a-kind home should have financing flexible enough to meet your unique needs. We leverage decades of experience in home construction financing to make the process smooth and easy for you.

  • Do-it-yourself or contracted construction
  • One-time close option
  • Fixed or variable rate option during construction
  • Interest only payments during construction
  • You choose your contractors
  • Utilize your land value for equity
  • Flexible draws

Construction Loans

Patronage Program

A portion of our annual earnings are returned to our eligible member-owners in the form of patronage.


  • How does the draw process work?
    Once notarized sworn statements are submitted to the title company, we will confirm the work is completed and the owner is satisfied. Then the title company will approve the draw request and we will issue a check.
  • What are lien waivers and how do I obtain them?
    A lien waiver gives notice that the signer is giving up their right to file a lien, either in full or in part, against the property. The waiver is given by a contractor, subcontractor, supplier or laborer when payment is made.
  • What is a sworn statement?
    A sworn statement is an itemized list of all individuals and companies who will provide improvements, materials or labor for the construction project.

COVID-19 Resources and Updates

We are committed to providing a clear path of service and financial programs to support our customers. Our doors are open to serve you safely in the branch and online. Find all COVID-19 updates by clicking here.