Now offering a 3.99% interest rate (5.87% APR)*
for new construction loans.
Finance Your Build with a Clear Plan Forward
Planning a new home build comes with big decisions. Reliabank’s construction loan promotion is designed to simplify the process—with a competitive introductory structure, interest-only payments during most of construction, and a clear path toward permanent financing.
Competitive Introductory Rate
Start your project with a 3.99% interest rate (5.87% APR)* for the initial construction period, helping manage costs early in your build.
Flexible Payments During Construction
Make interest-only payments for the first 11 months, helping preserve cash flow while your home is being built.
Designed for What Comes Next
Built to transition into permanent financing, with underwriting aligned to long-term mortgage standards.
Offer Details
- 3.99% interest rate (5.87% APR)* for 12 months
- 1% origination fee
- Interest-only monthly payments for the first 11 months
- 12th payment includes principal and interest
- Owner-occupied 1–4 family homes only
- Maximum 80% loan-to-value (LTV)
- Additional fees may apply (appraisal, title, underwriting, etc.)
- Available for a limited time or until promotional capacity is reached
Questions? We would love to help!
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FAQ
The 3.99% interest rate (5.87% APR)* applies for the first 12 months from loan origination, or up to 60 days after certificate of occupancy—whichever comes first.
Monthly payments are interest-only for the first 11 months. The 12th payment includes both principal and interest.
After the promotional period, financing transitions based on permanent loan terms and credit approval.
Yes. A 1% origination fee applies, along with standard closing-related fees.
Connect with a Reliabank mortgage banker to review your project, confirm eligibility, and take the next step toward financing your new home.
*Interest Rate of 3.99% is valid for 12 months from loan origination date, or 60 days following Certificate of Occupancy, whichever comes first, for new construction loan applications received prior to September 1, 2026. Example: Annual Percentage Rate (APR) is 5.874% with a loan amount of $500,000. This example APR includes a $5,000 Origination Fee (1% of the loan amount), $250 Underwriting Fee, and $11 Flood Determination Fee. The monthly interest-only payment amount for a 50% advanced, $500,000 construction loan, with $5,261 in fees is $840.43. This payment amount could be higher or lower based on total loan and fee amounts and does not include taxes or insurance premiums. At maturity, a balloon payment must be made for the full principal balance, including fees and unpaid interest. The maximum loan-to-value ratio is 80% of the total appraised value. All loans and promotional rates are subject to terms and conditions, and credit approval. The promotional interest rate applies to closed-end, non-revolving consumer construction loans that are owner-occupied. The above-referenced fees are for example purposes, and other fees may apply, including Appraisal Fees, Title Fees, and Recording Fees. Reliabank reserves the right to cancel this promotion at any time. NMLS# 412369