New Construction Loans

When a developer owns a piece of land upon which you are having them build your dream home...

• Builder Transfers Title at Time of Closing After Construction is Complete
• Free 330 Day Rate Lock
• Financing Up to 97% of Appraised Value
• Low Closing Costs
• Low Fixed Interest Rate Options
• Convenient Automatic Payment Option, From a Trustco Checking Account, With a Lower Interest Rate
• Biweekly or Monthly Payment Options
• No Tax Escrow Required - Earn Interest With Your Trustco Tax Saver Account
• No Borrower Paid Private Mortgage Insurance*
• No Appraisal Fee
• Free Conditional Pre-Approvals Available
• Quick and Easy Application Process

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*Subject to credit approval. *Lender paid Private Mortgage Insurance on loans 89.5% Loan-to-value and over. Please note: We reserve the right to alter or withdraw this product or certain features thereof without prior notification.

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