Husband and wife consulting with a architect inside a home under construction.

Construction Loans

Sometimes the only way to get the house you want is to build it.

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Build your dream

Our construction loans enable you to build the house of your dreams.  We make it fast and easy to keep your project moving forward, and our loans are set up on a term that gives you the time to build just the way you want.

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How Construction Loans Work

A construction loan is a line of credit that enables you to pay-as-you-go through the process of building your home.  It is underwritten to last for only the length of time it takes to construct the home.  Think of it as a giant credit card you can use to pay for construction expenses. Until you make your first draw on the credit line, your balance is zero and you owe nothing.  After you make draw requests to pay your builder, you will only have to pay the interest on the new balance.  Once construction is complete, you will need a mortgage to pay off the construction loan and finance the debt over a period of time that works best for you.


Mortgage Resources

 The Mortgage Process

Confused about what takes place when you’re buying a home?  Learn how the whole process works from start to finish.

Application Checklist (PDF)

Here’s the documentation we’ll need from you to process your loan.

Calculators

Use our assortment of calculators to determine the best way to finance your loans.

Free Credit Report

Credit reports may affect your loan rates.  Federal law allows you to get a free credit report every 12 months from each credit reporting company.  Download yours today to make sure it’s accurate and to look for any signs of identity theft.

Mortgage Glossary

Find definitions to common terms used in relation to mortgage loans.


Monitor your loans and make payments with our electronic banking services

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Online Banking

Manage your account from anywhere Internet is available.

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Mobile Banking

Do your banking on the go with our CSB Mobile app.

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Text Banking

Check your balance with a simple text message.

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Account Alerts

Get email and text messages when payments are due.

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