Construction Loans


Welcome to Allied First Bank's Construction Loan Division. Our experienced team is dedicated to help find you the loan needed to build homes. Whether you own land that you want to build a new home on, or you're interested in purchasing a home to be constructed in a development or subdivision (purchase upon completion), we'll help you to build your dream home.

We offer Construction to Permanent loans for new manufactured, modular homes, and stick built. We have all types of construction loans including  FHA, VA, USDA, Conventional, and Jumbo loans. Our one time close program provides construction financing, lot purchase, and permanent loans, all wrapped up in one. We are also offering  conventional 90% LTV up to $3M.  Why worry about re-qualifying, re-appraisal or incurring additional closing cost? We also help in 203K, fix and flip, renovation loan, and builder's project. It's all about the types of loans, borrower's qualification, and our guidelines. If you are a home builder, we would love to partner with you. We can help each other to grow.

Here are few benefits for our construction loan:
        1.   Minimum credit score 620
        2.   As low as 100% LTV, can use equity as a down payment
        3.   One time closing option to reduce the cost and risk
        4.   No payment due during the construction time
        5.   Experienced  team to help your paperwork
        6.   Minimum 2 years bankruptcy or 3 years foreclosure
        7.   Construction draw loan up to $3M
        8.  Manufactured, modular or stick build construction loan


The terms and conditions may vary from the types of loan and loan amount. Conventional and Jumbo loan requires to make payment during the construction time unless it is one time closing (OTC). We hope that by helping financially sound construction projects more easily find construction money we will make our own contribution to boosting the economy in our own small way by stimulating new construction and creating more construction jobs. 


If you want us to pre-qualify your loan first before provide all construction drawing and permit, please apply online now!!! DON'T waste your time or hurt your credit to apply lead origination company or non-licensed financing company. Apply with us directly and save your time and money. If you are not sure how to proceed, please contact us with your question and information. We would love to make it simple for you. Again, thanks for your time to visit our site.

We would love to help Home Owners, Builders, and Realtors to close more loans at Allied First Bank. Contact us now for details or apply online for faster response.