Do you need a home construction loan to finance the house of your dreams?
At Jefferson Bank, we offer home construction loans at competitive rates to get you living in your dream house faster than you ever thought possible.
Our experienced lenders can handle your construction loan from the beginning stages through to the placement of your loan for permanent financing after the construction has been completed. We’re familiar with all of the unpredictable events that can come into play during the course of new home construction and account for this in our home construction loan terms.
Because of our extensive experience providing home construction loans to the St. Louis market, we’re better able to structure these kinds of more complex deals than national banks and other local banks.
To find out how to apply for a home construction loan from one of the best banks in St. Louis, call us at 314-621-0100 or use our convenient online inquiry form.
Home Construction Loans vs. Mortgage Loans
Home construction loans are more complex than typical mortgage loans in part because they attempt to assign a value to a project that hasn’t happened yet. That’s why it’s important to work with a bank that has more experienced loan officers. At Jefferson Bank and Trust, our lenders are St. Louis real estate experts. We have worked with many construction firms throughout our 125 year history serving St. Louis.
We will help you through every stage of the process of borrowing your home construction loans – even if you don’t know where to start now.
There are several reasons why people elect to borrow home construction loans rather than using a mortgage loan to buy a preexisting home. These reasons include:
- They already own a great plot of land that hasn’t been developed yet
- They have particular dreams for a home design that can’t be satisfied by what’s already on the market
- They want to save money compared to buying an already constructed home
- They want a particular style of home in a specific location, and need to build in order to get what they want
Most people find something to be dissatisfied with when they move into someone else’s home. The best way to make a property truly yours is to use home construction loans to create it from the ground up. This allows for a truly customized home that you and your family can cherish for many years.
Apply for Home Construction Loans in St. Louis
For more information or to apply for home construction loans, call us at 314-621-0100, come by, or use our convenient online contact form. Unlike other banks in St. Louis, there is always a real person ready to take your call or answer your questions.