Construction Mortgage Landing Page

From buying to building.
Mortgage and Construction Loans
made just for you.
Making Maine your home, whether it’s year-round, for the summer, or for ski season, is a feeling that just can’t be replicated. With Franklin Savings Bank, your goal of building or owning a home in our great state is within reach. We have the one-on-one, local service that makes getting your loan as smooth as possible. Request an application and your home buying dreams can start coming to fruition today!
Franklin Savings Bank is Franklin County’s leading lender and we’re chasing the same title across the state. So, when you get your loan from us, you know you’re in good hands and the keys to your new home will be in yours in no time.
Get your Mortgage with Franklin and enjoy:
- Customized Solutions – Our products are always tailored to your unique needs and
type of purchase. - Up to 100% financing – On primary residences, we can offer up to 100% financing.
- Flexible terms – We’ll help you find a term that fits your timeline and keeps your
long-term goals on track. - Competitive Rates – We dig in to find our customers some of the best rates in
the market. - Low down payments – For more accessible homebuying.
- Unmatched local service – Find out for yourself how smooth the process can be
when you get your loan from someone who lives, works, and plays where you
are purchasing.
We’re ready to get the process started when you are.
Franklin Savings Bank has loans for all types of residential needs.
Get your Construction Loan from Franklin and enjoy:
- Effortless Transitions – Your loan can seamlessly transition into a 15, 20, or 30-year
mortgage. - Flexible Rate Options – Take your choice of fixed or variable rates for up to 30 years.
- Initial Interest Payment – Pay only the interest on your loan for up to 12 months.
- Generous Draw Requests – Get up to 25 draw requests at no additional charge.
- Freedom to Prepay – There’s no penalty for prepaying your loan.
- High Loan-to-Value – Borrow up to 89% of your home’s appraised “as complete” value.
- Local Disbursements – Disbursements are conveniently handled at your local branch.
Reach out to apply for a Construction Loan!
If you’re looking to build your new home from the ground up, Franklin has all the resources you need to turn your blueprint into a reality.
We can help you find your perfect fit:
- Loans for Primary & Secondary Homes
- Refinancing
- Home Equity Lines of Credit
- Maine State Housing Authority Loans
- Home Construction Loans
- Mobile Home Loans – on purchased or owned land
- Land Loans
- Seasonal Property Purchases
- Condominium Purchases
- Multi-Unit Owner Occupied Property Purchases
Reach out to us, and our local experts will be happy to help you find the loan that is right for you.
We can’t wait to help you on your journey!