Personal

One Closing Construction Loans

We keep it simple with streamlined financing, so you can get back to the build.

The process of building a home from the foundation up or renovating and rehabbing an existing structure can be tough. That’s why our construction loans go above and beyond just money. At Auburn Savings we do everything we can to ensure a smooth and efficient build from making quick decisions to remaining completely accessible throughout the life of your loan–that’s the advantage of working with a local bank.

 

One closing. Less cost. Your call.

Not only do qualified individuals save time and money by eliminating the need for multiple closings or having to refinance down the road, but we offer the option of being one’s own general contractor.

For Construction Loans–Bank on us™

One Closing Construction

Experience One Closing Construction to Permanent Financing with Auburn Savings

  • Qualified individuals can be their own general contractor
  • Several term options
  • Fixed rate remains the same from project start to last payment
  • Interest only payments during the first year
  • One closing means less cost out of your pocket
  • No need to refinance after project completion
  • One underwriting process allows for less paperwork and more you time
  • Our loan team works tirelessly to help make sure your project is running without a hitch

 

Let’s get started!

Contact one of our Lending Specialists today to learn more.


loans team member

Bob Michaud

Vice President & Loan Officer

Email Bob Michaud

(207) 782-6871

loans team member

Cara Dyer

Vice President & Loan Officer

Email Cara Dyer

(207) 782-6871