Consumer Construction Lending
Sound Financial Solutions to Meet Your Lending Needs!
Panhandle State Bank, Magic Valley Bank and Intermountain Community Bank are proud to support our local communities with a variety of lending products that are flexible to fit your building needs. We do not take the “big business” approach to home building, we pride ourselves on our record of listening to what our customer needs and finding the best lending solution that takes the “one size fits all” approach out of the picture.
Whether you are building your first home or your lake home, trust us to support you with financial guidance before during and after your home is finished. Here are some of the options available to our customers:
- Two step construction
- All-in-One Construction Loans
- Owner Builder Loans
- Jumbo All-in-One Construction Loans
- Lines of credit
Learn More:
* We are providing this link to a site outside the control of Panhandle State Bank or its locally operated divisions to alert you to products, information and/or services offered by third parties. Provided links are meant to supplement PSB products, services or information or provide other information we believe may be of interest to you. Although we will only provide links to sites we believe are reputable, we do not make any representations concerning the linked sites' contents or availability. Please note that linked sites may have different privacy and information security policies than PSB. You should review each site's privacy and information security policies carefully before you enter confidential information onto a site.
Our discussion about your new home begins with a conversation surrounding your new home, your financial goals for repayment, generally we look at and discuss with you:
- Plans
- Description of materials (what quality and type of materials will be used)
- Land/lot records (legal description, loan amount, etc.)
- Cost Breakdown (itemization of what it will cost for your finished home)
- Income information (W2’s, paystubs, tax return, bank statements)
- Repayment and down payment structure
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