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LOAN PROGRAMS FOR A CONSTRUCTION LOAN

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CONSTRUCTION-TO-PERM LOAN

Want to build the house you have always dreamed of? YOU CAN DO THAT with our one-time closing, construction-to-permanent mortgage loan. This loan provides funds for the acquisition or refinancing of an unimproved residential lot and the construction of a residential, one-family, owner occupied dwelling. During the construction period, you pay only interest and escrow (if applicable) payments. After your home is completed and all construction funds are disbursed, the loan converts to a permanent loan with regularly scheduled payments of principal, interest and escrow (if applicable).


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www.FirstFedEvansville.com

Member FDIC, Equal Housing Lender

First Federal Savings Bank

P.O. Box 1111, Evansville, IN 47706

(812) 492-8122

NMLS # 433121

www.FirstFedEvansville.com

Member FDIC, Equal Housing Lender