1222 Whitefish Stage Rd,

Kalispell, MT 59901

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?

Our Kalispell Office is dedicated to helping individuals in Columbia Falls, MT, Whitefish, MT, and the Flathead Valley achieve their construction dreams through construction loans. Whether you’re building a new home, embarking on a renovation project, or constructing a commercial property, understanding construction loans is crucial to turning your vision into reality. In this comprehensive guide, we’ll provide you with valuable insights into construction loans, offering a clear understanding of what they are and how they work.
A construction loan is a short-term financing option designed to cover the costs of building or renovating a property. It is different from traditional mortgages in that it provides funds in stages, disbursed as the construction progresses. At our Kalispell Office, we offer construction loans tailored to your specific project needs.
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.

  • Construction loans typically have two phases: the construction phase and the permanent financing phase. During construction, you’ll receive periodic disbursements to pay for materials, labor, and other expenses.

  • Once the construction is complete, you can convert the loan into a traditional mortgage or refinance it to a long-term loan.
  • Interest rates for construction loans can be variable or fixed, and the terms are usually short-term, ranging from 6 to 18 months. At our Kalispell Office, we offer competitive interest rates and flexible terms to meet your project’s requirements.
  • Construction loans typically require a down payment, which can range from 20% to 25% of the project’s total cost. This down payment serves as your equity in the project and demonstrates your commitment to its success.

  • Securing a construction loan involves a thorough approval process, including a review of your creditworthiness, the project’s feasibility, and a detailed construction plan. Our Kalispell Office’s experienced team will guide you through the application process, ensuring a smooth experience from start to finish.

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

Yes, construction loans can be used for both new construction and renovation projects. Our Kalispell Office can tailor the loan to suit your specific needs, whether you’re building from the ground up or remodeling an existing property.

If your project costs exceed the initially approved loan amount, you may need to cover the additional expenses out of pocket or seek additional financing. Our Kalispell Office can work with you to explore your options and adjust the loan as necessary.

Typical documentation includes a detailed construction plan, project timeline, budget, credit history, and financial statements. Our Kalispell Office’s experts will guide you through the documentation requirements to ensure a smooth application process.

While having good credit is beneficial, our Kalispell Office understands that each applicant’s situation is unique. We may still be able to help you secure a construction loan, even if you have less-than-perfect credit. Contact us to discuss your options.

Choosing our Kalispell Office for your construction loan offers you personalized service, competitive rates, and a team of experts with in-depth knowledge of the local market. We prioritize your project’s success and will work closely with you to ensure a seamless lending experience.

“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.