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
Up to 12 Month Term 7.00% 1/0 9.448% 80% determined by permanent loan

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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VISA recently upgraded the Verified by VISA program and effective August 19th, members will be required to change their passwords for their VISA Debit Cards / Credit Cards to continue utilizing this security feature. If you have any questions or concerns please contact VISA at 800-443-7728.

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We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government by the NCUA (National Credit Union Administration), a U.S. Government Agency