Building or Remodeling a Home?
We have a variety of construction loans that will help!
Many homeowners have enjoyed low interest rates in recent years. While they may not be living in their dream home, they want to keep their low interest rate, so they opt to remodel instead.
Now with a new program offered by Security Financial Bank (SFB), homeowners can retain the benefit of their low first mortgage interest rate and tap into the increase of equity that their home remodel may generate.
"This is a unique program that allows the borrower to keep their first mortgage in place while being able to do a major remodel using the future equity in their home," explained Shayna Reichert, sales manager of Mortgage Banking at SFB.
"Homeowners can keep their first mortgage at a low rate that they love, and our construction program offers them a second mortgage to help finance their renovations," Reichert said.
In addition, SFB is offering low construction rates for new homes. For specific loan rates and terms, please contact one of these SFB mortgage bankers: