Construction Loans
Build the home you actually want.
Construction-to-permanent loans finance the build of your new home and convert to a permanent mortgage when construction wraps, all in one closing. We also offer renovation loans for major remodels.
What it is
The basics of Construction Loans.
Construction-to-permanent loans finance the build of your new home and convert to a permanent mortgage when construction wraps, all in one closing. We also offer renovation loans for major remodels.
Rate snapshot
Rates change daily and depend on credit, loan size, property, and program. For a real quote tailored to you:
Call (732) 754-7474Or get a personalized quote in our 60-second form below.
Who it's for
Built for borrowers like these.
Buyers building a custom home
Homeowners doing a major renovation
Tear-down + rebuild projects
Buyers buying land + building
How it works
From application to keys.
- 1
Pre-qualification with construction-specific underwriting
- 2
Builder approval and construction budget review
- 3
One closing, construction phase + permanent mortgage
- 4
Draws to builder during construction
- 5
Auto-conversion to permanent loan on completion
Video
Watch: quick answers from our team.
The views expressed are the opinions of the speakers and are for general informational purposes only. They should not be construed as legal, tax or financial advice. Rates, terms and examples shown are for illustration only, are subject to change, and are not a commitment to lend. Subject to credit approval and underwriting.
FAQ
Frequently asked.
Disclosures
For information purposes only. This is not a commitment to lend or extend credit. Loan approval, rates, and terms are subject to credit qualification, collateral evaluation, and other underwriting requirements. Program availability varies by state. AMS Mortgage Services, Inc. NMLS #20843. Equal Housing Opportunity.