Build Your Dream Mountain Home
Specialized construction financing for new builds and major renovations in Colorado's mountain communities.
Finance Your Mountain Construction Project
Building a custom mountain home requires specialized financing. Our construction loans are designed to address the unique challenges of mountain property construction.
Construction Loan Options
Choose the financing solution that best fits your mountain construction project.
Construction-to-Permanent Loans
One-time close loans that convert to a permanent mortgage after construction is complete.
- Single closing process
- Lock in your permanent rate
- Reduced closing costs
- Simplified process
Renovation Loans
Financing for major renovations, additions, or improvements to your existing mountain home.
- Based on after-improved value
- Funds for structural changes
- Energy efficiency upgrades
- Major remodeling projects
Land and Construction Loans
Combined financing for land purchase and new construction in one convenient package.
- Land purchase included
- Flexible lot requirements
- Extended build timelines
- Mountain property expertise
The Construction Loan Process
We've streamlined the construction financing process to make building your mountain dream home as smooth as possible.
Pre-Qualification
Determine your budget and explore construction loan options with our mountain property experts.
Project Planning
Finalize your plans, specifications, and budget with your builder or contractor.
Loan Approval
Submit your construction loan application with project details for underwriting and approval.
Construction Phase
Begin construction with scheduled draws as your mountain home project progresses.
Frequently Asked Questions
Get answers to common questions about construction financing for mountain properties.
How much down payment is required for a construction loan?
For mountain property construction loans, we typically require 20-25% down payment, though this can vary based on your credit profile, the project scope, and location. Some specialized programs may offer lower down payment options.
How are funds disbursed during construction?
Funds are typically disbursed in a series of draws based on construction milestones. We work with you and your builder to establish a draw schedule that aligns with your project timeline and needs.
What happens when construction is complete?
With our construction-to-permanent loans, once construction is complete and the final inspection is approved, your loan automatically converts to a permanent mortgage with the terms you selected at closing.
Can I use my own builder or contractor?
Yes, you can use your own builder or contractor. We'll need to review their credentials, insurance, and experience with mountain construction projects to ensure they meet our requirements.
How long do I have to complete construction?
Most construction loans provide 9-12 months to complete construction, though we understand that mountain building seasons and weather can impact timelines. Extensions may be available if needed.
Are there special considerations for mountain construction?
Yes, mountain construction often involves unique challenges like seasonal building constraints, specialized building codes, and access issues. Our expertise in mountain property financing helps navigate these challenges effectively.
Ready to Build Your Mountain Dream Home?
Our team of mountain construction financing experts is ready to help you bring your vision to life.