Home Construction Loan

Decided to build a new home? Need help financing and managing the building process? Let LCNB National Bank help you save time and money with our variety of convenient construction loan options.

A construction loan is different than a regular mortgage. A mortgage is a lien against a real property as security for money loaned. A construction loan is a short-term loan used to finance the cost of construction. For your convenience, we offer construction-to-permanent financing, which means your short-term construction loan will automatically convert to a permanent mortgage when your building project is complete.

 

Benefits:

  • One closing, and only one closing fee for construction/permanent loans
  • Quick approval and loan closing
  • Competitive fixed or variable rates
  • Flexible draw schedule
  • No pre-payment penalty

LCNB NATIONAL BANK NMLS# 403521
ALL LOANS ARE SUBJECT TO CREDIT APPROVAL