Your Dream Home Awaits.
Make your dream home or your second home a reality with a construction loan from CCU. Our construction loan allows a 12 month building period with interest-only payments.
Benefits
- Local servicing by your CCU Mortgage Loan Officer
- 12 month building period with interest-only payments
- Fixed or Adjustable Rate Loan Options available upon completed construction
- Include the cost of land if you do not already own the property you intend to build on
How does a construction loan work?
During construction, CCU's construction loan only requires interest-only payments. The money is drawn in increments throughout the construction process.
Once construction is complete, fixed or adjustable rate loan options are available.
Feel at home with us.
Explore our range of mortgage loan options to meet your home ownership needs.