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 89.5% 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
- No Points
- Free Conditional Pre-Approvals Available
- Quick and Easy Application Process
*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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