Construction Mortgage

Build a new home or make major additions to your existing one, with our comprehensive construction mortgage options.

  • Fast Facts
  • Finance land + construction costs
  • Offers fixed interest rate option
  • Refinancing available for significant improvement work

If you want to build your own home, we want to be your home financing partner from the ground up – let us help you make your dream home a reality with a comprehensive home construction mortgage.

From blueprints to finished product, Webster can help finance all the construction costs of building your dream home from the ground up. No matter what stage of the planning process you are in, Webster’s mortgage consultants can help create a mortgage plan that works for you.

A Webster Construction Mortgage Gives You

  • A single consolidated loan for land and new construction costs – there is only one closing. Once your project is complete your loan can transition into a traditional mortgage
  • Financing for the construction of stick-build, modular, or pre-fabricated homes
  • Refinancing options for homes that need significant improvements
  • A variety of interest rate options that include fixed rate and interest-only programs*

To learn more about Construction Mortgages, please call us at 1-888-493-2783, or visit a Webster branch near you.

Disclaimer

*If you make interest-only payments, your principal loan balance will not decrease.

 

All mortgages are subject to credit approval.


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