New Construction
Save money with construction financing that’s bundled into one closing package
Atlantic Home Loans’ construction mortgage eliminates the time and costs associated with refinancing
- Designed to advance funds during the construction of your home
- Fixed or adjustable rate mortgage
- Primary residence or vacation property
- Up to twelve month construction period
- Interest-only payments for the first year on funds advanced during construction
- Interest rate locked for the permanent loan before you break ground
- Land financing available
Documentation Needed:
- Building plans and specifications
- Line item budget
- Purchase agreement
- Building permits and sales agreement
- Construction Contract
- Builder’s License, insurance, and references
- Septic design and approval

