Real Estate Construction Loan Rates

Effective Date: 3/31/2010.
Construction Loans Interest Rate Origination Fee/Discount Points APR as low as LTV Maximum Loan Amount Apply
Up to 12 Month Term 7.00% 1/0 9.448% 80% determined by permanent loan

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Rates are subject to change at any time and are not guaranteed. Other rate and point options may be available. Loan Example: $240,000, 7.00% (9.448% APR); 12 interest only payments of $1400 based on full draw amount. Based on a Sales price of 300,000 with 20% down. Please call the Mortgage Department at 757-886-3395 for details.

 

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