Construction Loans
Building your dream home? A construction loan funds your project in stages as it's built — then converts to a permanent mortgage once you move in, so you only close once.
What makes this loan a good fit.
One-time close
Combine construction financing and your permanent mortgage into a single closing to save on fees.
Interest-only during build
Pay interest only on funds drawn during construction to keep monthly costs lower while you build.
Flexible draw schedule
Funds release in stages tied to construction milestones so your builder stays on track.
Fixed or adjustable options
Lock in your permanent rate up front or choose an adjustable option that fits your plans.
Custom and spec builds
Financing available for custom homes, owner-builder projects, and qualified spec builds.
Local underwriting
Hands-on guidance from a team that understands Utah builders, lots, and timelines.
Is this the right loan for you?
Every situation is different. Call Erin and we'll walk you through the trade-offs and find the loan that actually fits your goals.
- Buyers building a custom primary residence
- Homeowners tearing down and rebuilding on their lot
- Buyers with land already owned or under contract
- Move-up buyers wanting a brand-new home