640 E Columbia River Hwy D,

Clatskanie, OR 97016

Build your perfect home with Mann Mortgage’s customized Construction Loans!

Construction loans make building Your Dream Home surprisingly easy and affordable.

What are construction home loans?

For those embarking on the exciting journey of constructing or renovating a property in the picturesque locales of Marshland, Woodson, or Quincy, securing the right financing is paramount. Among the array of financial tools at your disposal, a Construction Loan from our Clatskanie Branch emerges as a strategic choice, offering tailored support for your unique construction needs. In this comprehensive guide, we delve deep into the world of Construction Loans, providing you with a wealth of information to empower your financial decisions. With a keen focus on our Clatskanie Branch’s offerings and expertise, we aim to equip you with the knowledge necessary to embark confidently on your construction venture.
Whether you’re a homeowner envisioning your dream residence, an entrepreneur planning a commercial development, or an investor looking to enhance property value, this guide will serve as your trusted companion in understanding the intricacies of Construction Loans. Join us as we navigate the nuances of this financial instrument, shedding light on its inner workings, requirements, and the pivotal role it can play in turning your construction vision into a reality.
Man and woman looking at building plans with two children happily running around.

Not sure where to get started? That's okay too, we're happy to meet you where you're at and direct you to the right place or person.

The MannMade construction loan process.

  • A Construction Loan, offered at our Clatskanie Branch, is a short-term financial solution designed to fund the construction or renovation of a property. It differs from traditional mortgage loans as it provides funds in stages rather than as a lump sum.
  • With a Construction Loan from our Clatskanie Branch, you’ll receive disbursements at specific project milestones. This approach ensures that you only pay interest on the funds you’ve used, making it a cost-effective way to finance your construction project.

  • To qualify for a Construction Loan at our Clatskanie Branch, you’ll need a solid credit score and a detailed construction plan. Lenders assess your project’s feasibility, budget, and timeline to determine loan approval and terms.

  • Interest rates on Construction Loans at our Clatskanie Branch can be higher than those for traditional mortgages. Typically, they have variable rates and shorter terms. However, once construction is complete, you can convert the loan into a permanent mortgage.

  • Repayment of a Construction Loan from our Clatskanie Branch typically begins after construction, with the option to choose between fixed-rate and adjustable-rate mortgages. The transition to a permanent mortgage depends on the lender’s policies.

Applying for a home has

never been easier

Our quick and secure process takes less than 10 minutes to apply.

Learn more about

construction loans

Construction Loans from our Clatskanie Branch can fund various projects, including home builds, renovations, commercial developments, and land acquisition with a construction plan.

To apply at our Clatskanie Branch, you’ll need detailed construction plans, a budget, a list of contractors, your financial information, and a credit history.

Our Clatskanie Branch disburses funds directly to the contractors as construction progresses, ensuring that the project stays on track and within budget.

Yes, you can choose your own contractors for the project when securing a Construction Loan at our Clatskanie Branch. However, they must meet certain qualifications set by the lender.

Our Clatskanie Branch offers contingency funds to cover unexpected costs or delays. Be sure to discuss these provisions with your lender during the loan approval process.

“I was always in the loop on my loan process. I loved the one-time close construction loan. It saved me thousands to be able to lock in the interest rate.”

Josue Gabriel Lopez

Let's get you home.

Borrow up to 97% of a home’s value with as little as 5% down. Our local loan experts will help guide you.

If you have a loan officer you are working with, please select them from the list below.