Loans
Quick Clicks
What's New
Alert: What you need to know about "Heartbleed."
Learn more...

Join us for the Veridian Credit Union Annual Meeting.
Learn more...

Get a great deal on a reposessed vehicle at our auction.
Learn more...

Local events sponsored by Veridian Credit Union.
Learn more...

Planning to retire? Check out this seminar!
Learn more...

Loans
Construction Loans
Construction-to-permanent - This loan only requires one closing. Basically, it's our 7/1 ARM with an interest-only payment for the first 12 months and regular payments will begin with the thirteenth payment.

This loan requires:

  • The borrower to have a minimum down payment of 20%
  • The property is appraised by reviewing the plans and specifications. If the lot is paid for, it can be considered as part or all of the required down payment
  • Construction loans normally require a one percent origination fee
Find a Mortgage Loan Officer in your area to have all your mortgage questions answered by an expert!

Visit our Mortgage Center
Calculate your payment
Mortgage Loan Types