A construction loan through First National Bank Bemidji ensures you have the funding to build the home you want without making any compromises. Click the “Complete contact form” button below to start a conversation with a loan officer.
Complete contact formA construction loan is one of the most popular ways of financing a new home build. It works as a short-term loan which is either paired with or converted into a traditional mortgage once your house is finished.
Construction Loan Process
Once approved, your loan will be put on a draw schedule. That means it will pay out in phases as your home is being built, with inspections along the way.
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