What is the best way to decide whether you should aim for a fixed-rate or adjustable-rate loan? Do the research ...
Construction & Renovation Mortgages
Build or remodel your dream home
Whether you’re building a brand-new home—including modular construction—or restoring that fixer-upper, you’ll find a wide array of mortgage and loan options at Salem Five.
- We combine construction loans (usually 3-12 months) and mortgages as a single loan with one closing, saving money and time—the mortgage kicks in when construction is complete
- The federal 203K Renovation Loan program covers home improvement, repairs and fix up. Complete your renovations after closing by using a portion of the loan proceeds for improvement costs
- We offer a specialized loan program for the construction of modular homes
Haga clic aqui si desea consultar con alguien en Espanol acerca de opciones de Hipoteca.
Other Articles of Interest
Mortgage rates have surged in recent years, making affordability a challenge for homebuyers ...
Home construction loans provide families and individuals with the ability to finance new home construction projects ...
Haga clic aquí si desea consultar con alguien en Espanol acerca de opciones de Hipoteca.
Los Documentos y formularios que prevemos para abrir y mantener su cuenta, Con Salem Five, son proporcionados en inglés.