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Construction Mortgages


Our adjustable rate mortgages (ARMs) allow you to lock in a low, fixed-rate for five, seven or 10 year periods for loan amounts up to $2 million. Then, after the fixed-rate period ends, your rate changes to a one-year adjustable rate.


  • The process is identical to applying for any home mortgage.
  • Mortgage amounts can be up to $2 million.
  • Make interest-only payments as each construction phase completes. A construction mortgage automatically converts to a permanent mortgage with the same low rate when construction is complete.

Dollar Bank retains the servicing of all of our construction mortgages, so you can feel confident knowing that your mortgage is in caring and capable hands for the duration of your mortgage term.

Ready to get started on your homebuying journey?