Construction

Whether you're looking to buy land and build, or you already own land and are ready to build, we have lending options and loan experts available to help you get started! 











 
 
 
 




















Let's Start Building

Choose a Category
Open green field with trees in the background, representing land-only financing through Guardian CU’s Home Loans program

Buy Land and Build at the Same Time

  • Found the perfect piece of land? Why wait? 
  • With our construction loans, you can finance the land purchase and home build together, keeping the process simple and streamlined. Our experts will help you explore your options and create a financing plan that fits your goals.


Framing of a new home under clear blue sky, representing construction financing through Guardian CU’s Home Loans

Already Own Land? Let’s Build!

  • Do you own land? Do you have it financed? Either way, we got you covered. If you're ready to build, we are here to help make this a reality.
  • If you already own or are financing land, we can help you take the next step. You may even be able to use your property’s equity as a down payment, making it easier to get started. Our team will work with you to turn your property into the foundation for your new home.


Fixed Rates & Flexible Terms

  • Fixed Rate During Construction: Enjoy a competitive, fixed interest rate with interest-only payments while you build.
  • Leverage Your Land: Use your lot’s equity to secure a great rate on your construction loan.
  • Generous Loan Terms: Take your time with flexible terms and the option to convert to a mortgage once your home is complete.






Let's Build Together

Not sure where to start? No matter where you are in your home-building journey, we’re here to help. Schedule a Consultation today so you can explore your home loan options with confidence.
 

Construction FAQs

Yes, you can! We offer construction loans for self-build projects, but eligibility depends on your specific situation. Our experts will work with you to review your plans, determine financing options, and guide you through the process.
We offer up to 90% financing on construction loans, helping you get started with less money upfront. Our team can help you explore the best loan structure for your project.
A draw is an advance from your construction loan line of credit used to pay for building expenses. Each draw is requested after work is completed and inspected. An inspection verifies the progress, and once approved, the draw is used to pay the builder or contractors.
Once construction begins, your builder will submit draw requests as they complete phases of the project. Our Specialists will order an inspection to verify the work. If approved, funds are released to cover the construction costs.
 
Note: Construction loans cover building expenses only. Décor, furniture, and other home furnishings cannot be financed through this loan.
Most home construction projects have a 12-month loan term, but timelines can vary based on your project’s needs. If you finish early, great! If more time is required, extensions may be available depending on your circumstances.