One-Close Construction Loans

Mars Bank has a mortgage product that will help you finance your new home construction. Close once for your construction and up-to 30-year mortgage. Plus, include the land purchase in the loan.

Consider these advantages of the Mars Bank construction loan:

  • Up to 90% LTV – No private mortgage insurance (PMI) required
  • One-time closing – lock your rate at the time of application
  • Fixed and ARM terms available
  • No escrow required
  • Equity/credit available if land owned by borrowers
  • Interest-only payments during 12-month construction term
  • Funds disbursed upon completion of work, via a draw request from borrower signed by contractor and borrower
  • Finance the purchase of the land along with the construction cost of the new home, including the cost of the utility hookups and site work
  • Options for non-conforming homes

Contact us for full offer details at 724-776-3803 or email

Request an Appointment

If you’d like to schedule an appointment for a call, Zoom, or in-person meeting, click here.

Considering a First Home Purchase?

Take our First Time Homebuyer Online Seminar to learn about the homebuying process. Or if you have a question, contact one of our mortgage experts.

Contact Us