Construction and Land Loans Built for Your Project
Loans for Construction and Land
Construction Loans
Construction loans are a type of loan specifically designed to finance the construction of a new building or another type of construction project. One-Time Close Construction to Permanent Loans are available with one set of loan fees. The construction loan phase includes the loan period and long-term financing to build your dream home. However, if you have other ideas or plans on how you want to structure your construction financing, we’ll work to make that happen for you. Stop in or call us to set up an appointment to discuss the options and determine what is the best way for you to construct your new home, addition, or outbuilding.
Land Loans
If you’re looking to purchase land to build on or invest in raw land, you’ll likely need a land loan. These are different from traditional mortgages because they’re not always backed by a house or other property. Enjoy the great Minnesota outdoors with one of Sherburne Bank’s land loans. We offer financing solutions from residential buildable lots all the way up to large acreage bare land properties. Whether you enjoy hunting, fishing, or plan to build your dream home in a quiet setting, our Mortgage Specialists are here to offer you exceptional financing solutions so you can make your dreams become reality. Not ready to build yet? No problem! We offer you the flexibility to purchase with one of our land loans now, without the requirement to immediately build. We offer you the time to focus on your dream home plans and when you are ready to build, we will see you through the process from groundbreaking to move in. Contact one of our Specialists today to see how we can make your dreams become a reality.
This calculator Should Be used For Estimation Purposes Only
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*The information provided for each of the mortgage loan products offered by Sherburne Bank are summaries and other benefits, qualifications, and restrictions do apply. Sherburne Bank encourages interested applicants to schedule an appointment to discuss the details with one of our Mortgage Specialists. Products and terms are subject to change without notice.
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Fill out a Real Estate Application and contact one of our Mortgage Specialists today.
Tanya Danielson
Executive Vice President
specializing in mortgage lending
763-262-2309
EMAIL
Tanya Danielson has been with Sherburne Bank since 1989, after working in all the areas of the bank she has found her true passion in mortgage lending. Above all, Tanya is not just here to get you into your new or next home or vehicle; our team at Sherburne Bank is here for you for all of your banking needs and prides itself on establishing long term relationships.
NMLS # 509843
Michelle Anderson
AVP/Mortgage Loan Officer
Michelle Anderson has been serving the Monticello and surrounding communities since 1994. She has served in all areas of banking over the years, but realized her true passion of all types of lending and building lifelong relationships with her customers. Michelle and the team at Sherburne Bank are here for all of your needs.
NMLS #739964
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