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Construction Permanent Loan
Build your dream home even before you sell your current residence. A Monroe Bank & Trust Construction Permanent Loan offers an affordable loan option with attractive rates and repayment terms.
Features and Benefits
- Creative financing techniques and MBT Blend-Wrap Mortgages allow construction to begin prior to sale of existing home.
- Interest-only payment options available during the construction phase.+
- One-time closing allows financing for both construction and end mortgage.
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Affordability and Convenience, Set in Stone
You’ve found the perfect builder for your new home. Let Monroe Bank & Trust help you afford it. Our Construction Permanent Loan can bring your dream address clearly within reach.
But unlike construction loans offered by other banks, an MBT Construction Permanent Loan features a one-time closing that allows financing for both construction and end mortgage, and locks you into a rate you can afford. And that’s perfect for today’s rising rate marketplace.
Plus, your MBTeam banker can help you start construction prior to the sale of your existing home. So, you can add “piece of mind” to the list of advantages of an MBT Construction Permanent Loan. Call an MBTeam lender today at 734-242-2204 or click here to apply on line!
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It is the reader's responsibility to confirm or verify any rates with the Bank by contacting the Customer Service Center at 800-321-0032 or online at www.mbandt.com by completing and submitting the Contact Us form which may be accessed from any website page.
+ Interest only payments are subject to limitations and restrictions apply. Consult an MBT mortgage expert.
*Mortgage Services provided by MBT Credit Company, Inc. a subsidiary of Monroe Bank & Trust. |
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