your village your bank
Access Your Accounts Online
Learn More

Speculative Construction Business Services

Builders seek speculative construction financing for both acquisition and development. Acquisition funds are disbursed at the closing. Construction funds are held back and disbursed as work is completed. A mutually agreeable disbursement schedule is negotiated prior to closing. An appraisal gives us two values: “as is” and “upon completion.”  The term is one year and repayment is interest only.