Construction-Perm
Ready to Build Your Dream?
With a set of plans and an approved builder, CAPSTAR can lock in a rate for up to a one-year construction period in advance, and have a single closing to cover the construction and permanent periods. As the construction process unfolds, draws are provided to the contractor, with the final one due upon Certificate of Occupancy.
For those wanting to build the house of their dreams, CAPSTAR offers excellent construction to permanent financing, providing loans up to $2 Million. Loan programs include fixed, adjustable rate, and interest only.Contact CAPSTAR and let us lock your construction loan now. Construction-permanent financing is available for primary residences and second homes, with either full documentation or stated income documentation types. As an added benefit and for greater flexibility, lot loans are available if you need to wait a while to build.