Construction Loans

Happy family holding child standing with home construction worker.

Build or remodel your dream home

If you’re planning to build a new home or renovate your existing home, come talk with your community bank. Salem Five’s local real estate development professionals are uniquely qualified to offer you the right mortgage loan plus sound advice on site selection, house design, local builders and management of the construction process. We've helped thousands of homeowners through this process, and we take pride in our knowledge, products, and commitment to customer service. We can help you with:

  • Construction to Permanent Loans, with one-step permanent loan financing and attractive fixed and variable rate options
  • Home Renovation Loans including a wide array of programs
  • Modular Home Loans, a specialized loan program for the construction of modular homes


Helpful Calculators

Articles of Interest

Family Finances
Furnishing Your New Space

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Homeownership
How Home Construction Loans Work

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Homeownership
15-Year vs 30-Year Mortgages

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