If you’ve thought about starting from the ground up and creating your home, your way, don’t miss our free Construction Lending Seminar.
Join us on Wednesday, March 22nd and find out what you need to know to embark on the great project of building a home. The Merrimack’s Construction Lending Team will present a comprehensive overview of the construction loan process, including:
- The step-by-step basics of getting a construction loan
- Insights on common issues to look out for
- Information on loan options and how they apply to individual borrowers
The Construction Lending Seminar will take place at
5:30 pm, 16 Foundry Drive, 2nd Floor, Concord.
Refreshments will be provided.
RSVP today to reserve your place.
Merrimack County Savings Bank Construction Lending Seminar, Wednesday, March 22nd, 5:30 pm. 16 Foundry Drive, 2nd Floor, Concord.
Attend the seminar for a chance to win a gift basket raffle!
*RSVP today to reserve your place or call Tori Harrington at 603.225.2793.
* You must attend the event to be entered for the gift basket raffle.
Building a home—The Merrimack can help.
Building a new home can be more exciting and challenging than finding an existing home to purchase. The financing works a little differently, too. But when it’s done, you’ll have the home of your dreams.
Here are just a couple of the points we’ll cover at the Construction Lending Seminar:
Single Closing: The process of financing the construction of your new home has two phases – construction and mortgage. At The Merrimack, you can secure the loan with one convenient closing. While your house is being built, you pay only interest on construction costs as they are drawn to build during the construction phase. And when the construction term is complete, the loan switches to a traditional principal and interest loan with the same rate and term you originally closed on.
Unique Loans: Trust us to know the unique challenges of financing homes built on an island, waterfront or mountainside property and the many other possibilities that make living in New Hampshire so fulfilling.