Financing

Just a few of the benefits of our
construction-to-permanent program:

• Peace of mind. Lock in the interest rate for your permanent loan before construction begins.
• Choices. Choose a fixed-rate or an adjustable-rate program with jumbo financing options available.
  For primary residences, we even offer up to 90% financing for loan amounts up to $1,000,000.
• Convenience. Make interest-only payments on disbursed funds during the construction phase.
• Flexibility. Include lot financing or build a home on your own lot.
• Savings. With just one loan to close and one set of closing costs, you’ll save time and money.

With our program, you’ll know upfront that the financial aspects of building a new home are in place before you begin. Speak with a Citizens loan officer today to learn more.

Built for Transparency and Convenience

Dealing with the draw process while building or renovating a new home doesn’t need to feel challenging and cumbersome. Citizens offers borrowers and builders an online solution for managing the draw process during construction that’s both easy and convenient—it’s called Built.

Built offers:

• Digital collaboration. As an intuitive, secure, communication portal, Built makes it simpler
  for borrowers, builders, inspectors, and Citizens to exchange important information and
  avoid tracking down emails.
• Streamlined draw processes. Fewer manual steps and multiple handoffs mean increased
  efficiency for construction draw requests.
• Project tracking. Better visibility of a project’s status improves the construction process
  for everyone.

We’re focused on making the construction financing process easier for you. For more details on how the Built portal could help with your project, speak with a construction-to-permanent financing certified loan officer today.

Mortgages are offered and originated by Citizens Bank, N.A. (NMLS ID# 433960). All loans are subject to approval. Offers may be withdrawn without notice. Equal Housing Lender. © 2024 Citizens Financial Group, Inc. All rights reserved. HLFL2031LE_1477668_Built (06/24)

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