Get pre-qualified for your land purchase, construction and permanent financing for your custom home.
You've spent hours dreaming of possibilities and drafting up plans. Now it's time to act. Use our 1 2 3 Construction Loan to finance a land purchase and then build your dream home. Or you can take on a major remodeling or expansion project for your current home. You have plenty of flexibility and won’t need to feel rushed.
Construction loans provide funding in stages called draws, rather than a lump sum like a traditional mortgage loan. These draws are delivered at different building phases such as foundation, framing, etc. Then, once the home is complete, the loan is converted to a mortgage. The process looks like this:
Step 1: This loan serves as a Lot/Land Loan when you find property you want to buy but might not be ready to build.
Step 2: You receive interim financing to pay your builder during construction. The loan can include the amount of the property purchase, too.
Step 3: The Construction Loan converts to a permanent mortgage with terms up to 30 years at a fixed rate, and you may be able to roll your construction costs into the final mortgage.
You've spent hours dreaming of possibilities and drafting plans, now it's time to act. Apply for a construction loan online, contact a local mortgage lender or visit a branch in Bossier City, Baton Rouge, Shreveport, Metairie, Mansfield and another Louisiana locations to learn more.
Mortgage loans are subject to credit approval, as well as other conditions. Bonvenu Bank NMLS ID #412577.
We offer loans for new and used vehicles with competitive interest rates.
Let's discuss your options so you can settle into your new home.
Please log into your account to continue.
You are leaving Bonvenu Bank’s Web site and linking to a non-affiliated third party site. Please be advised that by proceeding you will link to a Web site hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Bonvenu Bank. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. Bonvenu Bank assumes no liability for the content, information, security, policies or transactions provided by these other sites.
Ameriprise.com is not owned or operated by Bonvenu Bank and has its own privacy policy and terms of use. We encourage you to read through the privacy policy and terms of use and familiarize yourself with the ameriprise.com site before opening an account or completing a transaction. Bonvenu Bank is not responsible for the availability or content of information on ameriprise.com and Bonvenu Bank does not represent either Ameriprise Financial, Inc. or you, should you open an account or enter into a transaction.
| NOT FDIC INSURED OR NCUA INSURED | NO FINANCIAL INSTITUTION GUARANTEE | MAY LOSE VALUE |
Ameriprise Financial Services, LLC is not an FDIC insured bank; FDIC insurance only covers the insolvency of FDIC-insured banks.