Our one-step construction to permanent loan combines your construction financing with your permanent financing. Your home construction loan simply converts to a permanent mortgage when your home is complete, and you save time and money by avoiding the need to secure and close on two loans. Single close construction loans with up to 95% financing* Generous construction term of up to 12 months.
One closing to save you time and money. Do a Rate Search Start a New Application Finish an Existing Application Check Loan Status Resource Center. Our construction loan program is hassle-free.
In addition, Bath State Bank has an in-house person who can complete the inspection. Bath State Bank is a popular lender for construction loans. We allow the borrower to act as their own general contractor.
The borrower has 12 months to build and complete the home. A few items to note include. Bath Savings Institution is a local leader that's helped shape Maine's financial future for more than 160 years.
The bank's commitment to helping neighbors buy homes, start businesses, and aid local non-profits echoes Zachau's interest in looking beyond our own corporate interests to advance the shared gains that define true success. Maine Mortgage Loans Made Easy At Bath Savings, service makes the difference. Whether you're looking for a land or construction loan, or financing for your mortgage, our knowledgeable lending team will lead you step-by-step through the mortgage loan process.
And because we service our mortgage loans* ourselves, you'll always have someone you can talk to. A local Maine bank that proudly invests in the people, places and businesses that make Maine strong. Member FDIC.
Equal Housing Lender. Maine land loans with lower interest rates and longer terms. Increase your down payment to obtain an even lower rate.
Maine mortgage loans made easy thanks to experienced lenders who will lead you step. Construction loans - with competitive and flexible terms Government guaranteed loans - including SBA, FAME, Rural Development, and CEI Tax Exempt Financing Lines of credit Commercial lines of credit.