Construction Loan Benefits

If you can’t find the perfect home, let us help you build it with a construction loan from eCU Mortgage. This mortgage type is designed to pay for the cost of building the home and allows you to draw money during the various phases of construction. Construction loans are usually converted to a standard mortgage once construction is complete.

  1. Fixed interest rates
  2. Short-term financing
  3. Monthly payments are a percentage of loan balance