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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.

Understand Your Options

Our expert mortgage lenders can explain the advantages of our construction-to-perm loans, and help you choose the best financing option for your situation. Call 888-828-1690 today, or contact your lender directly.

Related Products and Services

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


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


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

Martin Luther King Jr. holiday, 1/20/20: In honor of Dr. Martin Luther King Jr. Day, all Bank of Canton offices will be closed on Monday, January 20. We will reopen Tuesday, January 21, for regular business hours.