With Manasquan Bank’s residential construction loan, you get the financing you need to start building now – whether it’s a large-scale renovation to your existing home or you’re starting from scratch with a building lot. Simple and streamlined with a single closing after construction is complete, it’s the flexible funding you need to create the home of your dreams.
Combining the best of a building and home loan into one, our single-closing construction loans deliver serious benefits
- Fast Approvals
- Competitive Rates
- Fixed & Adjustable Options
- Local Service & Expert Advice
- Borrow Up To 80% Loan-To-Value
- Lock In Your Rate For Up To 365 Days
A Streamlined Approach
With this flexible solution, financing is approved before you build and interest is charged during construction as you draw funds. We unite construction and mortgage funding into one loan to save you time, eliminate duplicate closing costs and make the entire process easier.
Handcrafted Local Loans
We specialize in local lending designed for your needs – and delivered with a personal touch. From the moment you apply, you’ll see the Manasquan Bank difference.