Home Construction Loans

Home Construction Loans

Quick loan processing and competitive rates for your new build

When you find the perfect lot for your dream home, then it’s time to build it — with a construction loan from Consumers National Bank. We offer competitive financing for residential construction loans, so you can build your new house knowing that you received the best interest rate.

New construction loans

Loans for new construction are a little different than your typical mortgage. A construction loan helps you finance the building phase of your new house, and these loans are usually of a shorter term. Your contractor receives the funds necessary to build the home in installments, referred to as “drafts,” from the bank as work is satisfactorily completed. And the final result? Your dream house, on your dream lot.

At Consumers, you can use your land purchase as part of your down payment and enjoy interest-only payments while your new home is being built.

Plus, our friendly mortgage loan originators are located right here in your community, too, so you don’t have to go far to find great customer service and fast loan processing.

Learn more about how Consumers National Bank can help you finance your new construction. Apply for your loan online or request more information from our team.


Features

Our new construction loans offer incredible value and service. Check out these features:

Competitive rates on residential construction loans

Fixed rate loan

Finance up to 90% of home value (for owner-occupied homes)

Interest-only payments available during construction

Land may be considered partial down payment

Ohio housing market expertise

Fast and efficient local processing

Personalized service at every step

Learn more about how home construction loans work

 

*Must be owner-occupied


Laurie Corbit

Laurie Corbit

Mortgage Loan Originator

Jackson-Belden Office
NMLS: 1370603
Cell: (330) 495-6193
Fax: (330) 479-9378

Apply With Me

Daniel Eshler

Daniel Eshler

Vice President
Mortgage Division Manager

Jackson-Belden Office
NMLS: 426033
Cell: (330) 704-8993
Fax: (330) 479-9378

Apply With Me

Robert Kelly

Robert Kelly

Mortgage Loan Officer
Sales Manager SE Region

Salem Office
NMLS: 150023
Cell: (330) 383-1506

Apply With Me

Laurie Lovell

Laurie Lovell

Mortgage Loan Originator

Hartville Office
NMLS: 589829
Cell: (330) 592-6998
Fax: (330) 868-9036

Apply With Me

Mattioli

Anthony Mattioli

Mortgage Loan Originator
Business Banking Officer

Fairlawn Office
NMLS: 574703
Cell: (330) 620-5843
Fax: (330) 444-7123

Apply With Me

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