Bank from anywhere
Bank online or from your phone. We make it easy to manage your money from anywhere.
Simple and streamlined financing that helps you reach your building goals.
Finance up to 95% of your project’s value with interest-only payments during construction, and a single, fixed-rate mortgage.
We meet you where you are with options to help you achieve your building goals.
We’re here to help you lock in the best rate with the best terms for your unique building needs.
Save more of your money to put toward your dream with interest-only payments during construction.
Bank online or from your phone. We make it easy to manage your money from anywhere.
Current interest rates
Loan Type | Interest Rate | Points | APR |
---|---|---|---|
30-Year Fixed | 6.625% | 0.00 | 6.886% |
30-Year Fixed Jumbo | 6.625% | 0.00 | 6.747% |
1/1 ARM Land Loan | 9.875% | 0.00 | 10.407% |
Effective date: October 12, 2024
Annual Percentage Rate (APR) shown is the lowest rate offered, including discounts and based on credit score. Rates are subject to change without notice.
The Fixed 30 Year Construction loan term begins with a 12 month interest only construction period followed by a fully amortized re-payment period for the remaining 348 months.
Construction loans are only available if home is being built in New Hampshire or Maine.
A payment example for a Construction Mortgage Loan with $100,000 loan amount and 6.250% interest rate and annual percentage rate of 6.863% will have a monthly principal and interest payment of $623.02.
The APR in the payment example was effective on April 20, 2023. The current APR may be different than the APR used in the payment example.