Home Construction Loans
How do Home Construction Loans Work?
If you’re building your new home, a construction loan can help you finance costs throughout the project. Once your home has been finished, Arvest can provide permanent financing. Arvest services 99% of our mortgages, so you’ll continue to receive the same great Arvest service through the life of your mortgage.
Benefits of a Construction Loan Include:
- Financing to suit your project
- Fixed-rate loans
- Interest-only payment
- Finance construction, materials, home plans and/or land
- Finance up to 85% on loans conforming to secondary market standards
- Finance up to 80% on jumbo loans
How to Apply
- Your Arvest representative can help you determine if a this is the best option for building your new home and go over the details and your questions, including:
- Helping you find your best home construction loan rates
- Understanding construction loan options for first-time homebuyers
- Guiding you through how to apply for a home construction loan