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What Can You Build with a Construction Loan?

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02.22.2023
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Sean Bunevich

At Union Savings Bank, we provide home loans with affordable rates for all types of homes—including the kind you want to build yourself!

A construction loan from Union Savings Bank is designed to enable you to build your dream home, whether you purchase a lot and pay someone else to build the house or do it all yourself. You can also get a construction blanket loan to facilitate staying in your current house while your new home is being built.

As the video below explains, there are several different types of construction loans, perfect for new or experienced homebuilders whether they are building a new house or simply renovating.

Interested in exploring whether a construction loan is right for you? Watch the video below to get a primer on how the process works, and contact a Union Savings Bank loan officer today to get started.

Is a construction loan right for you? Contact a Union Savings Bank mortgage specialist today!

Written by Sean Bunevich

Sean Bunevich is Vice President of Consumer Direct Lending at Union Savings Bank and Guardian Savings Bank. When he’s not working, Sean likes to spend time with his wife and three adorable children.

All home lending products are subject to credit and property approval. Rates, program terms and conditions are subject to change without notice. Other restrictions and limitations apply.
These articles are for educational purposes only and provide general mortgage information. Products, services, processes and lending criteria described in these articles may differe from those available through Union Savings Bank. For more information on available products and services, and to discuss your options, please contact a Union Savings Bank loan officer.