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Your most experienced bank for construction loans.
Whether you are a builder, developer or realtor, we can help you with all your construction lending needs. We consider speculative and pre-sold lending for projects throughout Eastern Massachusetts, Cape Cod and the Islands for everything from single-family homes to entire subdivisions.
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We are a local bank with a staff experienced in construction lending and local properties. In fact, your primary contact throughout your entire project is one of our experienced Vice Presidents of Construction lending. In addition, credit decisions are made locally with our own board and lenders doing the inspections.
In addition, we offer benefits that other lenders may not such as:
- An experienced lending team, each with over 20 years experience
- A bank that has been committed to construction lending for over 165 years
- No fees for inspections or application
- Weekly inspections to ensure the money comes to you regularly and on time
- Free Bank of Canton checking account for deposited weekly funds, if desired
- Land Loans
- Subdivision Loans
- Very Competitive Rates
Types of Loan Products Offered:
- Builder Loans (Spec, Presold, Land, Land Development)
- Construction to Permanent
- Bridge Loans
- Owner Occupied Loans
- Second Mortgage Owner Occupied Loans
- Remodeler Loans
- Lot or Land Loans
Types of Property Financed Through our Programs:
- New Construction 'Stick Built'
- New Construction Modular
- New Construction Panelized
- New Construction other Manufactured
- Tear Down
- Renovation
- Additions
- Lot or Land and more
Our Experienced Lending Team
We have a team of experienced, dedicated Construction Lenders that have each been in the field for over 20 years that know how to make your transaction work for you. In addition, Construction Lending is a core product of the bank that we have been committed to since we opened our doors over 165 years ago.
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Ned Gaughan Senior Vice President Construction Lending Phone: 781-828-1690 ext. 6230 Email: egaughan@thebankofcanton.com Construction lending specialist, Edward (Ned) J. Gaughan Jr., has over 20 years construction lending experience in the Boston area. He has hands on experience in all phases of construction lending. He serves customers throughout Massachusetts with a focus on the South Shore, Cape Cod and the Islands. |
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Brian Dunn Vice President Construction Lending Phone: 781-828-1690 ext. 6231 Email: bdunn@thebankofcanton.com Brian Dunn focuses on developing and underwriting loan relationships with developers in the geographic area bounded by Route 24 and the Massachusetts Turnpike. He has 23 years experience in financial services and is a licensed contractor. He recently oversaw the completion of a 17-unit residential development in Dartmouth, MA. |
How Can We Help?
To apply for a construction loan or to get more information about the Construction Lending Products we offer, please call one of our loan officers listed above.
