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Home Construction Loans

Can't find your perfect home?  Build it with our Home Construction Loan!

Offering super low construction rates to put you at ease while you build your dream home.

Pair this with our permanent products for a winning combination!

We also offer:
12 Month Rate Lock for Permanent Financing, and
No Cost Mortgages Permanent Financing & More!

The construction of a home often takes 6 months or longer to complete. Low home construction rates help reduce costs during this phase. However, this is a period of time where the consumer is at risk for interest rate fluctuation until permanent financing is obtained. Luana Savings Bank helps customers lock in a great long term interest rate with our 12 Month Rate Lock Program right up front during the construction phase. This allows consumers to eliminate the risk of rising interest rates during the construction phase. Not all lenders offer these types of construction programs. However, Luana Savings Bank specializes in this type of lending as we see the great benefit for our customers.

Why finance with Us?

  • Competitive Rates
  • Loan officers with up to 40 years of experience
  • We are an Equal Housing Lender
  • Your success is our success; if times are rough, we'll find a solution
  • Our local reputation and ability to conduct business is dependent on your satisfaction

Additionally, we're a local bank that embraces local values. We see our customers every day in the community; products and services that we offer locally, we also support locally.

Interest Rates

Home Construction Loans
Rate APR
As low as 7.25% As low as 8.14%

*(APR) Annual Percentage Rate. Offer subject to credit approval and may change or be withdrawn without notice. No Cost Mortgages are for qualifying buyers and may change without notice.