Construction Lending

We are pleased that you have considered Community Bank of Rowan for your new construction financing needs.

Our loan program is designed to give you ample time to build your home. All Construction Loans are up to 12 months. Once the construction of your new home is complete, we can then find the permanent financing you need.

The permanent loan is your choice! Community Bank of Rowan offers many fixed, ARMs and interest only rate options.

We look forward to working with you and your builder on your construction project!

What to Bring to Your Loan Application

• Driver's License or Photo Identification
• Most Current 2 Months Bank Statements
• Current 401(k) or IRA Statement (if applicable)
• Self Employed Borrowers to bring tax returns (Business and Personal for past 2 years)
• Last 2 years W2's
• 1 month current pay stubs
• Purchase Agreement or Deed to Property
• Legal Description for Property
• Survey of Property (if applicable)
• Contract with Builder
• Plans/Specification and Cost Breakdown

*Subject to credit approval