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.
- 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
ALL LOANS ARE SUBJECT TO CREDIT APPROVAL