Construction

New Construction

 Section Menu

Apply Online

Building your own home requires many important decisions. Make your decision about how to finance the venture an easy one - turn to State Bank & Trust Co. Our construction financing is a comprehensive service, but we make it easy to understand. Select from one of the programs below, or contact Adam Egeland today!

Custom Construction Loans

State Bank & Trust Co. offers construction loans with a variety of financing options and benefits. The custom construction loans are a two loan process with the initial construction phase for up to 12 months with interest only payments. Interest during the construction phase is fixed. The second loan is the permanent loan.  The interest rate for a fixed rate permanent loan can be set when the home is within 60 days of completion.  Long term interest rates cannot be locked in at application.