Construction and Lot Loans

If you're ready to build your dream home, we can help you finance the entire project - from funding the land to permanent financing. We offer a variety of construction loans to fit your needs, and we'll work with you to find the right loan for your budget.   
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Brand New. Perfect for You.

With a construction loan, you can: 

  • Choose the big things like the number of bedrooms and bathrooms down to the minor details like the faucets and doorknobs. 
  • Get peace of mind knowing that your new home will have all new electrical, plumbing, insulation—everything! 
  • Build your home on your own timeline. 

Not sure where to start? From the lot to the keys, we’ll be there for you every step of your home building journey. It might be your first time building a home, but fortunately our Loan Officers have plenty of experience. They will take the time to walk you through the financing process and answer your questions. 

Contact a Loan Officer

The interior framework of a recently built house in progress

Construction to Permanent Loan

One Loan, One Process, One Closing   

Are you ready to build your dream home? With our construction to permanent loan, you can finance the entire project with a single loan. 

Apply for Construction Loan

Construction Loan Benefits

With our construction to permanent loan, you can enjoy the following: 

  • A single monthly payment for both construction and permanent financing

  • Interest-only payments during construction

  • One-time loan application, approval, and closing

Here's how it works: 


  • number 1

    Apply

    You apply for a construction loan and get approved.
  • number 2

    Build

    We fund the loan, and your builder starts construction.

  • Fund

    Your builder accesses the loan funds as construction is completed.

  • Move In

    Move into your new home, and begin making principle and interest payments.

Construction Loan Rates

Apply for Construction Loan
Construction Loan Rates

Type

Rate1

APR

Points

Pmt2

Type

3 Year ARM

Rate1

5.875%

APR

6.750%

Points

0.00%

Pmt2

$5.99

Type

5 Year ARM

Rate1

6.250%

APR

6.742%

Points

0.00%

Pmt2

$6.23
A vacant plot of land featuring a gravel road, an ideal canvas for a future dream home.

Lot Loans

Secure Your Dream Property Today

Have you found the perfect lot for your dream home? But you're not quite ready to start building yet? 

We understand. Buying land can be a big investment, but we're here to help you make it happen. We offer lot loan3 financing that can help you secure your dream property today. 

With our lot loans, you can: 

  • Finance the purchase of your lot with competitive interest rates. 
  • Get the financing you need to build your dream home on your own timeline. 

We'll help you find the right lot loan for your needs and budget. And we'll work with you every step of the way, from finding the perfect lot to closing the loan. 

Apply for Lot Loan Purchase

Lot Loan Rates

Lot Loan Rates

Type

Rate

APR

Points

Pmt2

Type

3 Year ARM

Rate

7.000%

APR

6.981%

Points

0.00%

Pmt2

$6.65

Lot Purchase  Apply for Lot Loan      

Lot Refinance Contact Loan Officer

Have questions about getting a Construction or Lot Loan?

Landmark Loan Officers are here to answer your questions and guide you through the construction process. Get in touch with a Loan Officer. 

Contact the Mortgage Team
Rates and terms are subject to change at any time and without notice; additional restrictions may apply. Published rate may be adjusted based on other factors, including but not limited to, when your rate is locked, actual occupancy status, loan purpose, loan amount, credit score, debt to income ratio, and loan to value. Private Mortgage Insurance (PMI) is required for loans with less than 20% down.  
[1]
Rate is variable. Down payment as low as 10%. Interest-only payments available during construction period (12 months);after, the loan will be amortized over 348 months (12-month construction period). Rate adjustment could occur after the initial term (3, 5, or 7 years) and annually thereafter based on 1-year CMT rate; loan rate is calculated by adding a margin of 2.75%. Rate will not increase more than 2% in any given year and more than 6% total over the loan term. No conversion option. Published rate may be adjusted based on other factors, including but not limited to, when your rate is locked, actual occupancy status, loan purpose, loan amount, credit score, debt to income ratio, and loan to value. Application Fee of $655 is required. Available on single family, detached homes, owner-occupied upon completion. Additional restrictions may apply. Rates and terms are subject to change at any time and without notice.
[2]
To calculate monthly payment for all Home Loans, multiply the payment amount shown by the mortgage amount in thousands. For example, 5-year 6.250% loan for $150,000 would be: 150 X $6.23= $934.50 per month. Actual payments will be higher with taxes and insurance. Rates and terms are subject to change at any time and without notice.
[3]
Down payment 20%. Application fee $550. If more than 10 acres, must be zoned residential.