With Kennebunk Savings, it is possible to move the funding for the acquisition for the land, construction, and permanent structure into one transaction that is easy.
Our construction loan enables you to secure into an interest that is fixed also before you break ground! Plus, we provide interest-only re payments throughout the phase that is initial of which will help you handle the expenses of alternate housing.
Start to see the Benefits
- Solitary loan closing at the start of construction can help you save time and money
- Finance as much as 90% associated with the worth of much of your residence
- Gifted land can be utilized as equity
- Interest-only re payment choices available for 6, 9, or 12 months
- Major payments start following the phase that is interest-only