New Construction Loans
Building a home is an exciting journey, but financing new construction requires a different approach than buying an existing home.
At Three Bays Lending, we offer New Construction Loans to help fund your home-building process from start to finish.
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A new construction loan provides funding for the cost of building a home. Depending on your needs, we offer:
Construction-to-Permanent Loans – One-time closing that converts to a traditional mortgage once construction is complete.
Stand-Alone Construction Loans – Short-term financing that covers the build period, with a separate mortgage to follow.
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Customized to Your Home: Finance a home that matches your exact vision.
Interest-Only Payments During Construction: Keep costs manageable while your home is built.
Flexible Terms: Choose from fixed or adjustable-rate options for your long-term financing.
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Homebuyers building a custom home instead of purchasing an existing property.
Buyers working with a home builder or contractor on a pre-designed construction plan.
Homeowners looking to tear down and rebuild an existing structure.
