Vinton County National Bank

Construction Loans

We offer loans that take you through the construction phase into the permanent financing you will need once your home is complete.

  • 10% Down Payment Requirement*
  • Equity in the existing lot can be used for down payment
  • One time closing fee
  • Construction period of up to 12 months
  • Interest Only during the construction phase
  • No Private Mortgage Insurance required
  • Ability to escrow
  • Quick, efficient draws throughout
  • Direct one-on-one service
  • Apply in person or over the phone

Find a mortgage lender near you →

Still doing general research on building? Check out these blog articles for some great advice to get you started in the construction process!

Tips for choosing a contractor →

Expert advice from a builder →

Advice from our lenders →

*Credit qualifications must be met

Find out what other customers are saying about our Construction Loan product.

“The construction loan process with Vinton County National Bank was easier than we ever imagined.  Our loan officer walked us through every step of the process and was there to explain every detail as we made our way towards closing.  From our initial application, to closing, and throughout the entire construction loan life cycle, he has been there to answer all of our questions and provide support.  We absolutely would, and do, recommend Vinton County National Bank.”

 -Shane and Joanne S.

“We were new to the process of having a construction loan and felt we could trust our lender at our local VCNB office to help us navigate the process. She made the whole process stress-free. She kept in touch with us to let us know what we needed to do next. We would definitely recommend a VCNB construction loan to anyone and everyone. We found that extraordinary care was provided and would give the whole process a 10 on a scale of 1-10.”

 -Bob and Becky K.

“I would highly recommend Vinton County National Bank to anyone who is thinking about a new construction loan. The process was quick and smooth and our lender went above and beyond to make our dreams for a new home stress free.  I can’t say enough great things about our experience with VCNB and its staff.  We are so happy we decided to walk into Vinton County National Bank that day!”

-Tanja H.