Construction Lending
Build With Bell
Our in-house construction lending team is here for you every step of the way.
When it comes to financing a construction project, Bell has everything under one roof!
You’ve decided it’s time to make change and you have chosen to build or renovate. Now what?
Here are the first 3 steps to plan your build:
- The best place to start the process is right here at Bell. Our in-house construction team will help you determine your budget and evaluate which financing options will fit you best.
- If you haven’t already selected a contractor, there are some steps to take that can help with that decision. Talk to friends or family who may have built or renovated a home.
- Determine your plans for the future. Do you need more space? Want to shorten your commute? Be closer to family? Visit model homes and research the finished product of builders in your price range.
Based on your unique plans for the future, we help you determine your budget, and you and your builder will come up with a price to make it all come together!
You’ll find it all with your in-house construction lending experts at Bell!
- Rehab Loans
- One-time close (OTC)
- Two-time close
- Lot loans
- Extended lock with float down
- Adjustable rate mortgages (ARMSs)
- Fixed-rate mortgages
- Jumbo loans
- Conforming loans
- Simple draw process
- In-house appraisal desk
More about our most used construction loan programs:
One-Time Close (OTC)
Sometimes it makes sense to simplify, and Bell Bank's special one-time close option for new construction means you can avoid the hassle and additional costs of having to close twice.
Two-Time Close
A two-time close construction loan is an alternative option for financing a construction project.
Renovation Projects
If the thought of building a new home is overwhelming, consider renovating an existing property. This option can be used on a home you are purchasing or the home you already own.