Construction To Permanent Loans

Every dream home starts with a great foundation.
From construction to closing, CCNB’s seamless construction-to-permanent loan
process makes financing your new construction project a breeze.

Here’s how it works:
During the construction phase, qualified borrowers pay interest only on the outstanding balance so they can focus on building the home of their dreams. When you’re ready to move in, CCNB converts the loan balance into a permanent mortgage. It’s like having two loans in one!

Features and benefits:
• One-time closing with one set of closing costs
• Use your lot as equity towards a downpayment
• Construction time up to one year
• ARM on conforming loan amounts with the option to modify to fixed rate at completion with requalification*
• Interest-only payments during construction
• No prepayment penalties
• In-house underwriting and timely decisions
• For primary residence or second home only
• Timely construction draws and inspections
• Impeccable service!

Ready to begin?
To use our secure online portal, you’ll first establish a username and password. After completion, you can begin a new application, resume an existing application, upload documents, accept electronic disclosures, and more, when it’s convenient for you.

Apply Today

Not sure where to start?
CCNB’s mortgage specialists will use our ‘We Can Do That!’ spirit to help you get moving!

Here are some additional resources, especially for first-time homebuyers:
• The Mortgage Process
• Tips for first-time home buyers
• Tips Every Home Buyer Should Know

Have more questions? No worries, we have answers!
Click below to contact a CCNB mortgage representative to schedule a complimentary, no-obligation consultation with one of our mortgage specialists.