Construction Loans

AOD Federal Credit Union now offers Construction to Permanent Home Loans.

Benefits:

One loan
You pay only one set of closing costs
Periodic disbursement of funds throughout the construction phase
Interest only payment after the first disbursement based only on the amount advanced thus far
Construction loan moves to perm automatically after 12 months
Must have “Lock and Key” contract with State Licensed, Credit Union Approved Builder.

For more information, please contact a credit union representative today!

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