Planning to build your dream home? PNCU offers construction loans for single-family, owner occupied new builds and makes funding your new construction easy and transparent with our experienced, dedicated professional.
How Do Construction Loans Work?
PNCU construction loans are permanent financing loans used for the construction of a new home. These loans feature a single closing and interest only payments during the construction phase. Construction funds will be disbursed as the work progresses, based on periodic lender inspections and per our disbursement schedule.
Benefits of a Construction Loan
- Flexible programs that are right for you
- Single-family, owner occupied residency.
- Competitive rates.
- Easy application and funding process.
Relationships Built to Last
For more information about accounts and services, visit a credit union branch in Western MA near you, use our Contact Form, or call us at (413) 592-9495.