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Construction Loans

Looking to build? Check out our Construction Loans for the most flexibility.
Truliant Construction Loans

Building the perfect home, or renovating your existing home, or buying the land in the perfect spot for construction later, can be tricky. The good news is there are many options when you're looking for a construction loan to build your dream home.

Construction Loans

With a construction, you’re able to wrap your property costs and mortgage into a single loan to pay monthly. A single-closing construction or construction to permanent loan, offers the convenience of combining a new construction loan with a permanent mortgage. Instead of applying for and paying fees and closing costs for two different loans, this option automatically converts to a mortgage when the construction is complete.

Renovation Loans

We specialize in drafting the right loan for your renovation project, offering competitive rates and terms. A renovation loan might be right for you to start that remodeling project soon. Or use it to upgrade to more energy efficiency and eco-friendly home products. 

Land Loans

At Truliant, we realize that every member has unique mortgage needs. If you're interested in land only and want to wait to build your house, we offer land loans. When you're ready to start the process, our Mortgage Loan Officers are here and ready to serve you.


Mortgage Calculators


What should I expect when applying for a construction loan?

  1. Apply online, at one of our branches or over the phone.
  2. Once a decision has been made on your application, we will contact you. If you were approved, we'll discuss your loan amount, terms, and payment information.
  3. Your funds are ready whenever you're ready to start your new build, addition or remodel.

What should I know before applying for a construction loan?

Differences in Loan Pay-out

Construction loans are paid out in stages, as your home is being built, typically over the course of a year or less. Truliant members are only responsible for the interest which has accrued on the funds spent up to that stage of construction.

When applying for a construction loan, we will ask for a construction timetable, detailed plans of the new home and realistic budgeting. This ensures that we're providing a loan that works for you. We will go over these documents with you to be sure that the costs which the builder has provided is reasonable and that the likelihood for the project to go over budget is minimized.

What a Construction Loan Covers

Your construction loan covers contractor labor, home and roof framing, interior finishing's and landscaping. Furnishings would not be covered.

What You Need to Apply for a Construction Loan

You will need the standard documents as if you were applying for a traditional mortgage, plus some other required information.
To qualify for a construction loan or a renovation loan, you will need:

  • Builder’s contract with plans and specifications
  • Good to excellent credit
  • Stable employment and income
  • Funds for down payment and closing costs


Equal Housing Lender
Rates and terms are subject to change. All loans are subject to credit approval.

Provision of the calculator on this page is not an offer of credit. Its use in no way guarantees that credit will be granted. This calculator is solely for informational purposes and provides reasonably accurate estimates; the calculations are not intended to be relied upon as actual loan computations.