Geauga Savings Bank's home construction/permanent loans allow you to conveniently arrange both your construction loan and your permanent mortgage financing at one time. Unlike many other banks, we can finance a wide range of projects, and are happy to work with do-it-yourself home builders.

Loan features and benefits:

• Rate is locked in at time of application
• Single transaction for construction loan and mortgage financing
• Pay interest only during construction
• Take up to 12 months to build
• General contractor builders or owner builders
• Available for unusual properties, including kits, modular homes, log homes
• Borrow up to 95% of the value of your home (sweat equity allowed)
• No private mortgage insurance with 15% down
• Fast approvals