Construction
One closing from dirt to doorstep.
Construction-to-permanent loans fund the build in draws as work is completed, then convert to a standard mortgage when it's done — one application, one closing, one set of fees. We also arrange lot loans and financing for major renovations.
Building in Queen Creek, San Tan Valley, or a Utah lot? We'll help you understand budget, contingency, and how the builder gets paid so the project stays on track.
Three steps, start to keys.
Plans & budget
We review the builder contract, plans, and budget with the lender's construction team.
Close & build
Interest-only during construction; inspections release each draw.
Convert
When you get keys, the loan becomes your permanent mortgage automatically.
Do I need to own the lot?
No — lot purchase can be part of the construction loan.
What down payment is required?
Typically 10–20% of total cost, and land equity can count.
What if the build goes over budget?
We plan a contingency up front; overages beyond it are the borrower's responsibility, so the budget review matters.