The purpose of a construction loan is to construct from the ground up your primary residence.
Mid America Mortgage Services, Inc is able to provide financing for the construction of your new home. You will submit to us the full plans, cost estimates, and signed builder contract. Our construction loan will be based on the appraised value of the submitted plans, cost estimates and land value.
Our construction loans are true construction only loans. Once the home is completed, your loan officer will visit with you about permanent financing.