Construction Loans
Building a brand new house? Our low rates and friendly payment terms give you a solid foundation.
One-Time Close Loan | One Closing, One Process, One Loan
Keep your costs down as your house goes up.
Having a house built especially for you in Michigan? Sounds exciting! After all, you get a say in everything from floor plans to paint colors. But financing can get tricky. Fortunately, Arbor Financial offers one loan that covers both the construction phase and mortgage. Just one closing process means lower fees, less red tape and a quicker completion of your new home.
Call Us Today at 269.544.3105 and find out what our team can do for you!
Our Construction Loans are built on these concepts:
- One-time closing costs
- Fixed-rate loans with low rates
- Ease your cash-flow crunch by paying only interest during construction phase
- Options to eliminate PMI available
- Flexible financing terms from 10 to 30 years
- Easy application process with a quick response
- Loan serviced by Arbor Financial so you will always speak to someone local if you have questions
When you're ready to apply, here's what to consider:
You'll need documentation for all borrowers, including:
- Social Security number
- Contact and employment information
- Best estimates of income, assets, and liabilities
Once you've applied, we'll contact you to:
- Guide you through the loan process
- Complete your loan application package
- Help you select the best program and interest rate
