Construction / Rehab / Lot Loans

Carroll Community Bank’s Construction Loan Program provides customers who are building homes the flexibility of a double-close loan with the ease and benefits of a single-close loan. Construction financing commonly involves two loans: one interim construction loan for the building of the home and one permanent loan for the completed home. Our Construction Loan Program streamlines the mortgage process to save time, provides flexibility and provides pricing options that can offer peace of mind in a changing rate environment.

Our Construction Loan Program offers:

  • Simplicity- Secure financing with one application, one appraisal and one approval process.
  • Convenience- You can buy the land, close your construction loan and secure permanent financing.  
  • Flexibility- Available as fixed- or adjustable-rate.

Kim Heffner
NMLS# 783540
443 255 6944
kheffner@carrollcobank.com