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Construction Loan

​Save time and money with a One-Time Close loan. We’ll pay up to $5,0001 in select closing costs, charge no origination fee, and require only one application. It’s simple and painless.

Planning to build on an investment property? Contact our Commercial Services Department  at 1.800.397.4480 for assistance.

One-Time Close Loan
We've simplified the loan process...

Mem​ber Reviews
  • No Closing Costs – We’ll pay up to $5,0001 in select closing costs
  • No Origination Fee – That’s a savings of up to 1% of your total loan balance
  • No Stress – Your construction loan automatically transitions to a mortgage loan

 Construction Loan Rates

Rates as low as...
Points APR  
One-Time Close, 30-Yr Fixed* 4.125% 0% 4.219% Apply

*Based on a $135,000 Loan Amount with a 80% LTV and FICO>=740.


More Benefits:

  • No Prepayment Penalty – Pay off part, or all, of your loan early
  • Escrow Waiver Permitted – Subject to loan-to-value limitation and underwriting approval
  • Flexible Terms – We offer terms for 10, 15, 20, and 30 years

​Membership eligibility required. Loan subject to credit approval. No Closing Cost offer does not cover mortgage insurance, seller paid closing costs, discount points, or pre-paids & reserves. The program is not valid for FHA or VA loans. If loan is closed or paid off within first 36 months of the term, member may be required to reimburse all or some of the closing costs incurred.

  1. Does not include mortgage insurance, seller paid closing costs, origination fee, discount points or pre-paids. The no closing program is not valid for FHA and VA loans. Closing costs may vary based on transaction.

Financing available for properties in Texas, Colorado or Utah.

†  APR = Annual Percentage Rate. The APR is accurate as of 9/25/15.

Mortgage interest rates are subject to change at any time and without notice based on market fluctuations. The rate and term offered to members may differ from the rates reflected above based on the credit history, final loan-to-value, and mortgage loan program. Cash-out refinance transactions may be significantly different then the rates shown above.