Apply for a construction loan

Our lending team works hard to support and educate home builders through the process. And our construction servicing group is delighted to help you work with title vendors and inspectors throughout the project.

We’ve simplified the financing process, and our loan officers are experts in construction lending. So we’ll guide you through a pain-free process that may actually save you money.

Plus, we’re proud to support those choosing to build sustainable “green” energy-efficient homes. For a limited time, get a $150 credit¹ toward your home loan through our Green Home Initiative! Learn More.

Some financing options to consider

Lot loans

• Purchase up to ten acres of vacant land for new construction or recreational purposes.
• Our lot loan gives you up to five years to allow enough time for construction.
• Save money with competitive rates on an affordable loan for your new home site.
• Once the land is purchased, Associated Bank may provide construction loan financing for building your new home.
• Plus, you can use your lot equity toward the down payment of a construction loan.

Construction Loans

• Finance up to 90% of the cost of construction or appraised value, whatever is lower (restrictions may apply).

• Competitive rates.

• Interest-only payments during construction help keep costs lower while you build.
• Funds released to your contractor in stages as construction progresses.
• Loan automatically rolls into full principal & interest payments after completion.
• A low-cost refinance to a fixed rate is available after completion.

Bridge loans

• The perfect choice when completion of your new home depends on the sale of your current home.
• A short-term loan that allows you to start construction now.
• Bridges the gap until your current home is sold.

Break ground on your new home with construction loans from Associated Bank—and enjoy additional perks, like preferred rates and discounts on certificates of deposit.