Construction Loans, Built Around You
From blueprint to move-in day, our construction loans give you the flexibility and support you need with guidance from local lenders who know your community.
Building Your Dream Home
At First International Bank & Trust (FIBT), our new construction mortgage loans are designed to make building your dream home simple and stress-free. Whether you’re working with a builder or managing the process yourself, we offer flexible financing options that cover every stage of construction. Our experienced lenders provide personalized guidance, competitive rates, and transparent terms so you can focus on creating the home you’ve always wanted.
- What is a construction loan?
A construction loan provides short-term financing to cover the cost of building a new home. Funds are typically disbursed in stages as construction progresses.
- How do I know if a construction loan is right for me?
If you’re building a home from the ground up or making major structural changes, a construction loan offers the flexibility and funding you need throughout the process.
- What can I use a construction loan for?
Construction loans can cover expenses like land purchase, labor, materials, permits, and even some closing costs. They’re designed to finance the entire building process until your home is complete.
- How long does the process take?
Timelines vary based on your build, but most construction loans convert to a permanent mortgage once the home is finished. Staying organized and responsive helps keep things on track.