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HOME CONSTRUCTION LOANS

Finance the construction of your new home with one closing

We want to help you build your dream home. With a single-close construction loan from Service Credit Union, you’ll have the funds you need to purchase land and construct your home all with one loan. The home construction loan offers an interest-only payment for a certain amount of time during the construction of the home.

Mortgage/Home Equity Rates

Rates effective as of: 11/27/2020 11:41:22 AM (ET).

PRODUCT RATE POINTS ANNUAL PERCENTAGE RATE
30 Year Fixed Rate Mortgage 3.125% 0 3.355%
15 Year Fixed Rate Mortgage 2.625% 0 3.040%
30 Year Fixed VA 3.125% 0 3.355%
7/1 Year Adjustable Rate Mortgage 2.875% 0.875 3.173%
30 Year Fixed Mortgage Construction Single Close 3.125% 0 3.322%
Home Equity Line of Credit 3.250% 0 3.250%
Rates posted are indications only and are subject to change without notice.
Your actual rate and/or points may be different, as many factors go into providing you with a mortgage loan. 
The quotes above are based on a specific loan amount for the purchase of a single family primary residence.  
Please click on the Product Name for a Payment Example.

Learn more by contacting one of our mortgage specialists today, or apply now.