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Construction Loans

Dreaming of a custom home? Let FSB help transform your paper plans into a real home with the expertise of our friendly lenders.
Summary
  • Build your dream home affordably
  • If the land is owned and some equity is assumed, FSB can finance 80% of the as-completed appraisal
  • If the land is to be purchased with the construction loan, FSB can finance 80% of the as-completed appraisal or 90% of the hard costs, whichever is less
  • Competitive fixed interest rates
  • 12 month term with interest only payments
  • Loan fees and closing costs can be financed into the loan
  • Maximum 45% debt-to-income ratio to qualify
  • Local decision making, underwriting and processing