Construction Loans

Build Your Dream Home Your Way

You have a very specific idea of what you’re looking for in a home. And sometimes, the housing market just doesn’t deliver a home with all the features you need. If you want to make sure your home is built to match your vision, consider a construction loan from Bank of Deerfield. Our lenders will sit down with you and discuss your lending needs. Get started by stopping into our office.

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How You Can Use a Construction Loan

With a construction loan from Bank of Deerfield, you can pay for things like:

• Construction materials
• Contract labor
• Permit and planning fees
• Purchase land and/or lot

Once construction is complete, anything remaining on your loan is converted to a permanent loan that works similarly to a traditional mortgage program with monthly payments.

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