Are You Thinking About Your Dream Home?
At Geddes Federal, we understand that building your dream home is one of life's most exciting milestones. Our construction loans near Syracuse, NY, are designed to make the process as smooth and affordable as possible, from breaking ground to moving in.
Let Geddes Federal help your dream home become a reality. Apply in person at a local Geddes Federal branch location or apply online - we are ready to serve you.
Apply Online* Let's Talk (315) 468-6281
Benefits of Our Construction Loans near Syracuse, NY
Our construction loans are designed with your needs in mind, offering competitive terms and a streamlined process that sets us apart from traditional lenders. From application to move-in day, we've structured our loans to provide maximum value and convenience for your building project.
Benefits of our construction loans include:
- One convenient closing for both construction and permanent financing
- Land can be owned free and clear or included in the construction contract
- A variety of loan types and terms available
- Fixed rate or adjustable rate options
- Rate locked at time of application
- Special 250-day lock for builder-financed construction
- No private mortgage insurance (PMI) required
- Loan terms from 7-30 years, depending on loan type
To learn more about our draw construction loans and our 250-day builder-financed end loan...
Affordable Construction Loan Rates for Your Budget
For decades, we've helped people build their dream homes with low construction loan rates. Our simple application process, combined with competitive rates and flexible terms, makes homebuilding more accessible than most would think.
Whether you're a first-time builder or have built a home before, we'll work with you to find financing options that fit your budget and timeline.
Lock In Your Low Construction Loan Rate near Syracuse, NY
Give Us a Call Today 315-468-6281
Ready to Build Your Dream Home?
Geddes Federal is here to provide affordable construction loans near Syracuse, NY and surrounding regions to get you started. Take the first step and contact us today.
Get in Touch with a Loan Specialist
Construction Loan Terms
- Construction draws issued based on percentage completion
- Construction must be performed by an experienced contractor
- Please reach out to us if you wish to be your own general contractor
Other Great Lending Products from Geddes Federal
Whether you're not ready to build yet, still looking for the right place to build, or if you're looking to improve your existing home, Geddes Federal has the right lending product for you. In addition to our construction loans near Syracuse, NY, we proudly offer competitive rates for a variety of loans: