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Boonville Federal Savings Bank
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Construction Loans

Construction Loans are one of many products we are proud to offer our customers.

If you have questions about the process, we are here to help!

If you are ready to build, we are ready to lend!

Whether you are working with a contractor, or managing the build yourself, we can guide you through financing options that turn your dream home into a reality. We offer 3 special programs to build your home:

  • Check Check

    Construction- Only Financing

    Interest is due monthly only on money used for up to 14 months.

  • Check Check

    Construction- Permanent Financing

    Interest is due monthly on money used during construction, then a fixed rate and payment for up to 30 years, with only 1 closing for peace of mind for up to 30 years.

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    Construction- Permanent Adjustable

    Interest due monthly on money used during construction, then a great adjustable rate for up to 30 years.

Call our experts today so you can begin building next month!

Payment Calculator

Curious about your monthly payment? Give our payment calculator a try!

calculator.io

The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Results should be discussed with a qualified professional before any product purchases or loan commitments are made.

Loan Inquiry

Please fill out this form and someone will get back to you within 1 business day.

If you have an immediate need, please contact our lending staff at 812.897.2620 if you have any questions.

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123 North Third Street
Boonville, Indiana 47601

812-897-2620

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