Stay ahead of inflation with a home construction loan that provides 12 months of protection against rising interest rates.

When building a home, you plan one that suits your personal needs. Your construction loan should be designed the same way. With a Consumers home construction loan, you get loan interest rate protection, low fees and convenience.

How a 12-month rate lock protects you

A Consumers construction loan locks in your interest rate at the time of application for up to 12 months. Even if rates rise while you’re building your new home, you’ll get the lower rate. It’s one way you can protect yourself against inflation for an entire year.

Save money with low fees

There are two ways to save on fees with a Consumers construction loan.

First, there is only one closing fee. Many lenders charge a closing fee for both the construction loan and the standard mortgage that is put in place once the home is built. With Consumers, there’s no double-dipping; closing fees occur only once.

Second, there is a fixed administration fee with a Consumers construction loan.

Together the single closing fee and fixed administration fee could save you hundreds of dollars.

Construction loans built for your convenience

Our mortgage loan officers live and work in the same community you do. Therefore, our team has local connections and can provide quick builder approval.

Plus, when your home is complete your construction loan rolls over into a Consumers home mortgage—and there’s no additional paperwork! We make construction loans easy and hassle-free.

To get more details on a Consumers construction loan, contact one of our mortgage loan officers or call 800-991-2221.