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Fixed Rate Construction Loans
Rate | APR | Payment per $1000 Financed | Max Term | |
---|---|---|---|---|
30-year Fixed Rate One-Step Construction | ||||
30-year Fixed Rate One-Step Construction
|
7.375% | 7.587%* | $6.91 | 360 |
15-year Fixed Rate One-step Construction | ||||
15-year Fixed Rate One-step Construction
|
7.000% | 7.337%* | $8.99 | 180 |
*APR = Annual Percentage Rate. APR based on loan amount of $100,000.
Land Loans
Rate | APR | Payment per $1000 Financed | Max Term | Caps | Margin | |
---|---|---|---|---|---|---|
3/6m SOFR Adjustable Rate Mortgage | ||||||
3/6m SOFR Adjustable Rate Mortgage
|
7.500% | 8.944% | $9.27 | 180 | 2/1/5 | 4.250% |
*APR = Annual Percentage Rate. APR based on loan amount of $100,000.