Construction/Permanent Financing

Build your dream home with confidence — from the first shovel in the ground to the final coat of paint — using Marion Community Bank’s Construction/Permanent Financing. Our one-time close loan solution combines construction and long-term mortgage financing into a single, streamlined package.

Whether you’re designing a custom home or building on your own land, we make it easier to secure financing with fewer steps, less paperwork, and the peace of mind of working with a trusted Alabama bank.

One Loan. One Closing. Total Convenience.

With our Construction/Permanent Loan, you benefit from one application, one closing, and one set of fees:

Single Closing Process : Avoid the hassle and expense of multiple closings with one all-inclusive loan.

Interest-Only During Construction: Make lower monthly payments while your home is being built.

Automatic Conversion : When construction is complete, your loan automatically converts to permanent financing.

Customizable Terms : Choose a fixed or adjustable-rate mortgage for the permanent phase, depending on your needs.

Key Features and Benefits

We offer local expertise and flexible solutions designed for homeowners building in Alabama:

Local Underwriting and Decisions : Work with experienced lenders who understand regional contractors, regulations, and timelines.

Loan Options for Various Budgets : Competitive rates and flexible terms tailored to your project and financial goals.

Financing for Land and Construction : Bundle land purchase, site prep, and construction costs into one easy-to-manage loan.

Draw Schedule Oversight : Funds are released in stages based on construction progress — with guidance and accountability built in.

Is Construction/Permanent Financing Right for You?

This loan is ideal for:

Individuals building a custom home or working with a builder.

Borrowers who want to simplify financing by combining construction and mortgage steps.

Homeowners looking for cost savings and rate protection through a one-time close structure.

Build with Local Experts You Can Trust

At Marion Community Bank, we take pride in helping our neighbors bring their home visions to life. Our Construction/Permanent Financing provides a seamless path from blueprint to move-in, with dedicated support and competitive rates every step of the way.

Visit a Marion Community Bank branch in Montgomery, Selma, Marion, Jemison, Clanton, or Maplesville to learn more and get started on building your future — with financing as solid as your foundation.