3.95%
Fixed Rate for 12 Months
12 Mo.
Projected Construction Term
$0
Refinance Fee
12-Month Construction Loan
Our construction loan provides the financing you need while your home is being built. Funds are released in stages as construction progresses, and you'll only pay interest on the amount that's been drawn, keeping your payments low during the building phase.
Remarkably low rate during construction
Pay only on drawn balances during construction
Even if your home is completed early, you keep this great rate
What this means: Low monthly payments while your home is being built, giving you financial flexibility during construction
Low Monthly Payments
A lower interest rate means more house for your budget or extra savings each month
Long-Term Savings
Over the life of your loan, even a small rate difference adds up to thousands in savings
No-Charge Refinance
Adjust your mortgage as your needs change without paying any refinancing fees
Trusted Local Partner
The Bank of New Glarus works closely with Eldon Homes throughout the process
Partnering with The Bank of New Glarus
We've partnered with a trusted local lender who understands our home building process inside and out.
The Bank of New Glarus has been serving our community for years, and their team works seamlessly with Eldon Homes to make your financing experience smooth and straightforward. From application to closing, you'll have expert guidance every step of the way.
Frequently Asked Questions
Your Dream Home is More Affordable Than You Think
Don’t miss your chance to take advantage of this limited-time 3.95% financing offer. Lock in your rate today and start creating the home you’ve always imagined.