Construction Loans

Construction Loans

Having trouble finding your dream home? Why not build it yourself! With a construction loan from Eclipse Bank, you can affordably finance your homebuilding project.

Enjoy flexible repayment terms, plus interest-only payments while your home is being built. Less stress about the financing part of your project means you'll have time to focus on what matters — like making sure that kitchen fits your needs to a T!

Summary
  • Competitive rates for your home construction project
  • Provides more convenience, especially toward the end of the construction phase
  • Payments are interest-only during construction phase
  • Payments are made on the amount drawn on your loan sufficient to pay your builder
  • Construction draws applied in stages based on work completed
  • Detailed and friendly service from your Louisville neighbors

Subject to credit approval. Property insurance is required. Consult your tax advisor for deductibility