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Construction

An Important Update:

Due to the current environment, closing times have increased.

Learn More Now

Ready to build your dream home? Azura can help. 

Features:

  • Competitive, fixed rate
  • Interest only payments during construction
  • Up to 12 months to complete construction
  • Maximum loan to value is 85% of as-completed appraised value

Current Rates

Effective Date: Friday, August 14, 2020

Construction Loans

Loan TypeLTVRate

APRT

Custom Constructionup to 85%6.00%6.10%

T APR = Annual Percentage Rate.

  • Rate and term are subject to credit approval.
  • Origination fee of $1,000
  • Interest only for up to 12 months
  • Rates quoted above based on $150,000 loan amount
  • Rates are effective as of the date stated above and subject to change daily without notice
  • APR's based on 15 days of prepaid interest, please call Azura for further explanation

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