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CSB Construction Loan Special


During the construction period, YOU benefit from:

  • Low interest rate
  • Interest only payments
  • Up to 5 draws
  • Extended construction period for custom builds


Additional Features:

  • One-time closing 
  • Rate after construction period converts to the normal rate for the remaining period of the loan
  • Fixed or adjustable rates are available. Choose the mortgage product that suits you best!

Contact a CSB Local Expert to learn more.

Mortgage Calculators 


*Annual Percentage Rate of 2.49% during construction phase only. Offer available on first mortgage single family construction, owner occupied residential loans up to 90% loan to value (LTV). Construction term of 6 months. Principal and interest payments start and special rate ends, upon earlier of either completion of construction or 6 months. Buyers are charged interest on funds as they are drawn to build during construction. Normal construction loan fees apply for a one-time closing process. Permanent financing at the end of the construction can be fixed or variable rate depending on loan product chosen. All loans are subject to CSB credit approval and property approval. Homeowners insurance required and flood insurance where necessary. Escrow may be required depending on the loan term and current rate for the term chosen. Rates, program terms, and conditions are subject to change without notice. Program example: 30 year fixed rate permanent financing: the monthly payment of principal and interest on $175,000, 4.578% APR, 80% LTV, is $886.70. Payments during the construction period will be interest paid monthly on the amount of credit outstanding.