Build a Home
Imagine the home you've always dreamed of-- built just for you. Building your dream home starts with the right financing. Our construction loans are designed to support you every step of the way. With flexible terms and expert guidance, we'll help turn your vision into a reality.
When considering how much you can afford with your home construction project, you might first want to figure out how much you are comfortably able to pay for your housing expenses. Many financial advisors put that number at around 30% of your income, but that could vary depending on your personal situation. You should also determine if you would qualify for a mortgage based on the expected value of the new home.
Amboy Bank offers a One Time Close Construction Loan that provides funds during construction and then converts to a permanent mortgage once the home is completed, all with just one set of closing costs. Learn more or start the process today.
With a construction loan, your lender typically approves you for a line of funds that you can use to pay for your building costs. A construction loan is effective only for a finite term, and sometimes can be rolled into a permanent mortgage.
Amboy Bank offers a One Time Close Construction Loan that provides funds during construction and then converts to a permanent mortgage once the home is completed, all with just one set of closing costs. Learn more or start the process today.
The advantages of building your own home can be numerous. In fact, many people consider this their chance to build their dream home! Depending on your budget and local zoning requirements, you can specify the building’s architecture, size, layout, energy efficiency, appliances, mechanical systems, and more according to your own personal tastes.
Amboy Bank offers a One Time Close Construction Loan that provides funds during construction and then converts to a permanent mortgage once the home is completed, all with just one set of closing costs. Learn more or start the process today.
Explore Amboy Solutions
We offer a number of home loan solutions to help make your dream home a reality. Take a look at some of our unique advantages and most popular loans below.
Because we don't sell our loans, we can provide the following unique benefits.
- Modify your rate at any time with just a phone call. No need for costly and time consuming refinancing if rates go down.
- We service your loan for the life of the loan, so you'll always know where to find us if you need to speak to someone.
- Always speak to a non-commissioned, local home loans expert.
Our tailored home loan options are designed to fit your lifestyle and goals. Your perfect home starts with a loan that's perfectly matched to you, such as:
- One-Time Close Personal Construction Loan
- 1/2 Pay Mortgage
- Conventional monthly mortgage