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Partner with F&M Bank for construction financing to get competitive rates and a fast decision on your loan from a trusted local bank.
There are two main types of home construction loans: Construction-to-permanent: You borrow to pay for construction. When you move in, the lender converts the loan balance into a permanent mortgage.
“While demand for single-family homes remains sound, builders continue to report rising development and construction costs. “Despite lower mortgage rates, home prices remain somewhat high relative.
Turn your vision into reality with a WAFD bank construction loan. Your entire project is underwritten at one time, wrapping construction and permanent financing together. See how you’ll benefit from our decades of experience in custom construction. Start My Home Loan.