A construction project can help you get exactly what you want from your home. But it's not as easy to know exactly what you want from your financing. Bremer Mortgage is here to guide you toward the right solution and keep your project moving forward.
We aim to make your project as stress-free as possible with flexible financing packages designed by dedicated construction lending professionals. We can help you build your dream home, add more space for your growing family or fund your empty-nest remodel. Looking for the perfect lot to build your hunting or fishing home away from home? We're here for that too.
Our construction loans are structured like a low-interest, short-term line of credit. You draw on the line of credit to pay off costs throughout your project. Once it's complete, you pay off the construction loan with a long-term loan we've helped you select from a variety of permanent financing options.
Before you start a loan request with your Bremer banker, you'll want to gather your credit documentation as well as:
Final plans and specifications needed to obtain an appraisal
Purchase contract for the lot
Scope of work
Sworn Construction Statement
Construction sales contract
Copy of builder's license