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All Old Point offices will be closed Monday, May, 27th in observance of Memorial Day.

Construction-To-Perm Loans

  • Construction-To-Perm Loans

Construction-to-Permanent Loans

Flexible mortgage financing from start to finish.
Build, remodel or improve the home of your dreams with a Construction-to-Permanent Loan. This financing option will take you through the construction phase and into a permanent mortgage after your home is complete.

Program advantages include:

  • Construction period up to 12 months
  • Available for primary and secondary homes
  • No prepayment penalties
  • Flexible fixed-rate and adjustable-rate options

One-Time Close Loan

All-In-One Financing

This program offers financing for lot purchase, construction, and permanent mortgage funding with one closing. There's no need to re-qualify because the loan is closed before construction begins. Benefits include no payments due during construction.

Two-Time Close Loan

Two Loans, Better Flexibility

This loan consists of the initial construction loan and a long-term mortgage loan. At the start, you're not locked into a fixed loan amount. Benefits include interest-only payments during construction.

Subject to credit approval. Other restrictions may apply. Loan programs may change at any time with or without notice. Not a commitment to lend.

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