Construction Loans

Construction Loans

From dream to reality 

If you haven't quite found the "one" - the house that really feels like home - consider building it. Count on Andover Bank for competitive construction loan rates, flexible terms, and service that's second-to-none, so you can worry about paint colors, not your mortgage. Construction loan features:

  • Interest-only payments during the construction phase
  • Up to a 12-month construction period with flexible disbursement of funds
  • After construction period, the homeowner has flexible financing options to choose from
  • Fast, local decision-making, underwriting, and servicing
  • Experienced, expert guidance the whole way

Give us a call today at (844) 259-5473 or stop by one of our banking centers. An Andover Bank lending expert will sit down with you to explain the process, answer your questions, and help you make the best borrowing decision.

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