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Construction-to-Perm Loans

Construction-to-Perm Loans

Construction-to-Perm Loans

Financing Your Dream Home

If your mortgage financing needs include construction work, such as new construction, substantial rehabilitation/renovation, or a complete tear down, a Bank of Canton construction-to-permanent loan (“construction-to-perm”) can cover all phases of your project.

Construction-to-Perm Benefits

As a single loan that combines construction and mortgage financing, you’ll enjoy a convenient, single-closing process. You’ll also have the flexibility to make interest-only payments during the construction phase of your project.

Additional benefits:

  • No required escrows
  • No prepayment penalty
  • No additional costs when the loan converts to a mortgage

Plus, you have the freedom to choose from our wide selection of mortgage options, including fixed- and adjustable-rate mortgages, jumbo or conventional, and more.

Related Products and Services


Access the equity in your home to finance home improvements, pay for college, consolidate debt and more.

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Mortgages with low (or no) down payment requirements for first-time homebuyers, low- to moderate-income buyers, and military families.

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Fixed- and adjustable-rate mortgages (both conforming and jumbo), with a range of terms and down payment options to choose from.

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