One less hassle of home building.

The myriad of details surrounding new home construction can feel overwhelming. The last thing you need is to be handling multiple financing applications that only add to the stress. Thankfully, Irwin Union Bank has rolled a construction mortgage and permanent loan into one. That means you apply once, and close once. Not only is this less work for you, but it saves you money, too.

A construction mortgage loan allows for draws of money as the building progresses. The interest is paid monthly only on the amount drawn. When the home is completed, the loan may be modified or refinanced into a permanent mortgage, which may be a fixed rate or fixed period ARM loan.

Typically, the rate is locked after construction is complete, but Irwin Union Bank does offer the choice of locking the mortgage interest rate on the permanent phase of the loan before construction begins.

Start your online application now .

We offer three easy ways to learn more about an Irwin Union Constraction Mortgage:

1. Request that an Irwin Advisor call you. Contact now.
2. Visit an Irwin Union branch. Find your bank.
3. Call 1.866.604.7946