What Is a Home Construction Loan?

A home construction loan is a short-term financing solution that helps cover the costs of building a new home—from breaking ground to final inspection. Once construction is complete, you can transition into a permanent mortgage that fits your long-term financial goals.

Why Work With Profinium?

• One-Time or Two-Time Close Options: Choose a streamlined one-time close or opt for a two-time close based on your project’s needs.

• Interest-Only Payments During Construction: Free up your cash flow while your home is being built.

• Local Decision-Making: Your application is reviewed and processed by experts who live and work in your community.

• Experienced Guidance: Our lending team specializes in construction financing and will help you navigate timelines, budgets, and contractor requirements.

What Can It Cover?

Profinium construction loans can cover a wide range of costs including:

• Land purchase or payoff

• Material and labor costs

• Permits and inspection fees

• Landscaping and driveway work

• Appliances or finishing touches

Transitioning to a Mortgage

Once your home is complete, we make it easy to convert your construction loan into a permanent mortgage—whether it's conventional, FHA, VA, or another qualifying option.

Ready to Build?

Connect with a Profinium mortgage lender today to start your construction journey with a financial partner who truly gets it.