| Construction Loans | |
|---|---|
Construction Loans Loan Maximums | 85% Loan-to-Value |
Construction Loans Application Process | With one application, one closing, and one competitive fixed or adjustable interest rate, we make the process from construction through permanent financing easy. |
Construction Loans Escrow Accounts | May be required for payment of property taxes and homeowners insurance for all new loans, and flood insurance if collateral is located in a flood zone. |
Construction Loans Prepayment Penalties | None |
Construction Loans Automatic Monthly Payments | A scheduled auto debit of your monthly payment from a MCB checking account will allow you to receive extra .25% discount1 on your rate! |
Construction Loans Loan Approval and Servicing | Local decision making allows for quick turnaround time on loan approvals. We also strive to provide the most personalized and flexible solution for our customers. |
Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
