Build a new residence, fund a major addition to your current home or make repairs to a home being purchased with an LGFCU Construction Mortgage.
- Combine construction and permanent loans into one closing.
- Finance with a fixed-rate mortgage or a 5-year ARM.
- Maximum six-month construction phase.
- Loan converts to a permanent loan and payments begin according to the terms and interest rate set at closing.
- Origination fee .75 percent of the loan amount (cap of $1,500).
- Property must be located in NC, SC, VA, GA or TN.
- Financing available for primary and vacation/second homes.
View Mortgage Rate Sheet (PDF)
Start building your dream home!
- Call the Contact Center at 888.732.8562
- Visit your local branch