Land & Home Construction Loans | American Savings Bank Hawaii

Construction Loan

• New home as well as property additions and renovations in Hawaii
• New purchase and refinance
• Monthly interest-only payments on during the construction period
• Up to 12 to 18 months for the construction phase
• Fixed rate term after construction
• One-time option to take advantage of lower rates for the permanent loan if fixed interest rates are lower when construction is completed
• Find out more about What You Need to Know… with Construction Loans

Vacant Land Loan

Purchase a vacant lot in Hawaii to build your dream home tomorrow.

• Monthly interest-only payments for three years (term)
• Fixed interest rate during the term
• No prepayment penalty
• Available for land purchase with construction plans within three years
• Credit of up to one point paid on the land loan upon the Construction refinance
   

Mortgage Glossary – Need a reminder on the mortgage lingo? Use the handy glossary to learn more.

Understand the Construction Loan Process – Learn what to expect and see what happens once you have started the construction loan process.

Attend a Seminar – We offer a number of seminars throughout the year including Home Building seminars; check out the schedule for upcoming events. There is no obligations. Registration is free and simple and there are no obligations for attending.