New Construction

Construction loans provide the individual homeowner the ability to purchase land/lot and construct the new home, in a single loan transaction.

As the homeowner, you will make a lot of decisions about your new home, but none are more important than selecting the right builder. Choosing the right builder will help ensure the successful completion of the project and you’ll be able to enjoy the experience of building your dream home.

Interim Construction Loan

  • Interim Construction loan buys the land and builds the home!
  • Build-on-Land Program!
  • Purchase the land from a 3rd party seller or the builder!
  • Land Equity in lieu of cash down payment available for customer owned land.
  • Short term construction loan and permanent mortgage provided by GWB.

Single Close Transaction Loan

  • One Closing!
  • On set of closing fees!
  • One loan buys the land and builds the home!
  • Build-on-Land Program!
  • Purchase the land from a 3rd party seller or the builder!
  • Land Equity in lieu of cash down payment available for customer owned land.
  • No customer re-qualification or loan refinance is required, upon completion of construction

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