Construction Loans: Made Simple
- 6, 9, and 12 month terms to meet the needs of your project.
- An unlimited number of draws
- A competitive 3.5% APR* rate
- Up to 95% LTV
- Pay on interest only during construction
- Choose our “Construction to Permanent” option and save on closing costs!
For Your Builder
We make it easy for builders to get paid and get to work!
- Expert support from our team of experienced lenders
- Turnaround time for draws of 48 hours or less
* Current Annual Percentage Rate. Rates are subject to change without notice. Mortgage loans are subject to credit approval and membership eligibility is required. A variety of rates and terms are available. Contact us for current rates. Simplicity Credit Union is federally insured by NCUA. Equal Housing Opportunity lender. NMLS #691144