CONSTRUCTION LOANS
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CONSTRUCTION LOANS
Let's Build Your Dream Home
With a construction loan, you can collect those images of "home" floating around in your daydreams and turn them into brick and mortar.
From Breaking Ground to Paid in Full
Construction loans are two-stage loans that take your dream home from the first brick to fully paid-off. The first stage is a short-term loan where Voyage pays your contractors and vendors as your home is being built. Once the home is complete, you will work with your Voyage team to find your ideal financing that will take your construction loan into a permanent mortgage. It’s a one-two punch that lets you afford and conquer the big financial step of building your own house.
Flexible financing to realize your dreams | Pay all your contractors from one loan | Enjoy the market expertise of a local company
Let's Build Together
It's easy to get started with a Construction Loan. Once you've paid the vendors and contractors, the loan will transition to one of our low rate long-term mortgages.
Ready To Get Started?
Connect with the Mortgage Loan Originators at Voyage Federal Credit Union.
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Mortgage Loan Originator
NMLS#2748576 IsaacV@VoyageFCU.org
Call or Text: 605-978-9605
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Mortgage/Business Services Officer
NMLS# 2429575 CoreyH@VoyageFCU.org
Call or Text: 605-978-9635
Disclosure
Promotional construction loan rate of 3.99% (APR 7.98) available starting 3/1/2026. APR based on $350,000 loan amount. This is an 11-month, closed-end, fixed-rate loan with monthly interest-only payments required during the construction period. Balloon payment due at maturity. Promotional rate available to qualified applicants only. Loan is for owner-occupied primary residences and is subject to credit approval. NMLS#652491. Construction loans do not automatically convert to permanent financing. A separate application and approval are required for long-term mortgage financing. Rates and promotional period are subject to change.
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