The excitement of building your home your way.
When you’re ready to make your dream home a reality, a Home Construction Loan from The Merrimack can make it happen.
Our lending team brings decades of construction financing expertise to the process. We’ll make the experience easier for you and your builder—from the convenience of just one loan closing to prompt and timely disbursements of funds:
- Local construction knowledge—our lenders have worked with many local builders and with all aspects of construction financing.
- Single-Closing Loans—during the construction phase, pay interest only on construction costs as they are drawn, then the loan switches to a traditional principal and interest loan with the same rate and term you originally closed on.
- Loans for construction periods of up to 12 months.
Your team from The Merrimack provides friendly, local expertise every step of the way, from tailoring your
loan to your needs to providing on-site help with disbursements, appraisals, and more. Our team is with
you from closing day to moving day.
Interested in building your home but have questions?
Attend a free construction loan seminar with The Merrimack to get a comprehensive view of the
construction loan process.
Take an in‑depth look.
See more details about the process and our services in our online brochure.
To discuss a Single-Closing Construction Loan, please get in touch with a Mortgage Lending Specialist.