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Construction Loans
HOME LOANS
Building a Home
The Old National One-Step Construction Loan offers simple, flexible financing. Lock in a fixed rate for your construction period and permanent term, while saving on closing costs.
One-Step Construction Loan benefits
- Enjoy interest-only payments during the construction period, up to 12 months; amortizing payments begin after construction period ends
- Choose from a variety of fixed-rate loan terms
- Up to 90% financing available with mortgage insurance1
- Save money with convenient one-time closing
To get prequalified:
Mortgage lenders can prequalify you for a home loan before you even start. The process is quick and easy with an answer in minutes.
Apply Online Now!
Related Services
Other products and services offered by Old National.
Insights
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What you should know about construction loans
Thinking of building your dream home? Before you get started, here are some things you should know about construction loans.
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Tips for choosing the right mortgage partner
Navigating the mortgage loan process is less stressful when you have the right mortgage loan officer to guide you.