Turn Your Vision into Reality with Sunmark’s Construction Loans
Ready to build the home you've always dreamed of? Sunmark makes it possible with construction loans designed to bring your vision to life. We offer flexible financing options with up to 100% financing available, so you can focus on creating your perfect home without the stress of large upfront costs.
Why Choose Sunmark for Your Construction Financing?
- Experienced guidance - Our mortgage team specializes in construction financing
- Flexible solutions - We work with your timeline and budget requirements
- Competitive advantage - Better rates and terms than many traditional lenders
- Streamlined process - Simplified applications and faster approvals
- Member-focused service - Personalized attention throughout your journey
Choose Your Construction Financing Path
Compare our two construction financing options to find the perfect fit for your home-building journey and budget needs.
Construction Loan Questions Answered
Get answers to the most common questions about Sunmark’s construction loans and the building process.Sunmark offers construction loans for building from scratch with staged funding, and construction end loans for purchasing homes already under construction by builders - both with competitive rates and flexible terms.
Sunmark offers up to 100% financing for qualified borrowers. The exact amount depends on your income, credit score, and the appraised value of your future home.
Sunmark offers 18-month rate locks (540 days) to protect against rate increases during construction, plus a one-time float down option if rates improve before closing.
Sunmark provides a 12-month construction period, giving you ample time to complete your project while maintaining competitive rates.
Once construction is finished and you receive your Certificate of Occupancy, your construction loan converts to a permanent mortgage with standard terms.
Locking your interest rate does not constitute loan approval and it does not guarantee that you will qualify for the loan program you have “locked.” Rate lock is guaranteed for the cost and duration specified in your lock in agreement. Sunmark cannot anticipate whether interest rates will go up or down during the loan-processing period. Any decision to “lock” or “float down” should be based upon your own evaluation of the market. Speak with a Sunmark representative for additional details about the cost, terms, and conditions of rate lock offerings.
