Loan Type
CONSTRUCTION
LOANS
Build your custom Colorado home from the ground up. Finance land, construction costs, and permanent financing in one comprehensive loan.
Build your custom Colorado home from the ground up. Finance land, construction costs, and permanent financing in one comprehensive loan.
Construction loans provide financing to build your home from scratch. Choose your lot, design your floor plan, and create exactly the home you want in Colorado's beautiful landscapes.
Create a custom home designed exactly to your specifications. Choose every detail from floor plan to finishes.
Construction-to-permanent loans close once and convert automatically to your permanent mortgage. Save on closing costs and hassle.
Only pay interest on funds drawn during the build phase. Full principal and interest payments start when the home is complete.
Funds released in stages as construction milestones are completed. Builder is paid as work progresses.
Many construction loans include the lot purchase, allowing you to finance everything with one loan.
Many programs allow rate locks during construction, protecting you from rate increases before completion.
Construction loans have more requirements than standard mortgages because lenders must evaluate both you and your builder.
Typically 20-25% down required. Some programs offer 10-15% down with strong credit and builder relationships.
Generally 680+ required. Higher scores qualify for better rates and terms.
Must use a licensed, insured general contractor. Builder must be approved by the lender with verified experience and financials.
Detailed blueprints, specifications, and itemized budget required. Plans must be approved before closing.
Most construction loans require completion within 12-18 months. Extensions may be available if needed.
From blueprint to move-in day, construction loans finance every step of building your custom Colorado home. One loan, one closing, endless possibilities.
Those who want to design and build their perfect home from scratch.
Those who already own land or have found the perfect lot for their custom build.
Building in Colorado's mountains where existing inventory is limited or doesn't meet needs.
Those with specific requirements that existing homes can't meet.
Explore unique financing solutions designed for specific situations and borrower needs.
Buy your next home before selling your current property with flexible short-term financing solutions.
Specialized financing for medical professionals with flexible debt ratios and no PMI options.
Purchase your home today at current prices and refinance when rates drop in the future.
Finance both purchase and renovations with FHA 203k and Conventional HomeStyle programs.
Financing options for warrantable and non-warrantable condominiums in Colorado communities.
Alternative financing for self-employed borrowers using bank statements or asset-based qualification.
Investment property financing based on rental income without personal income verification.
Reduce your initial mortgage payments with 2-1 and 1-0 buydown programs for easier affordability.
Low down payment options with flexible credit requirements, ideal for first-time homebuyers.
Traditional financing with competitive rates and terms for qualified borrowers with strong credit.
Zero down payment financing exclusively for military veterans, active service members, and eligible spouses.
Rural and suburban home financing with zero down payment for eligible areas and income-qualified buyers.