Construction Loans

Northeast Indiana's #1 construction lender. Build your dream home with local expertise and competitive financing.
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Building Your Dream Home Starts Here

As the #1 construction lender in Northeast Indiana, 3Rivers makes building your custom home simple. We service our mortgages locally, throughout Indiana, Ohio, and beyond, so when you have questions during construction, we're here for you every step of the way.

How Construction-to-Permanent Financing Works

Our construction loans combine your construction financing and permanent mortgage into one streamlined process—you close just once, saving time and money. During construction, you make interest-only payments on funds disbursed to your builder. Once complete, your loan seamlessly converts to your permanent mortgage at the rate you locked at closing.  Borrower qualifications apply. Alternative options available.

What You Get with 3Rivers 
  • As low as 5% down payment 
  • One-time close simplifies everything 
  • Lock in your interest rate upfront 
  • Fixed and Adjustable Rate options available 
  • Local decision making with continuous communication 
  • Interest-only payments during construction 

Ready to Build? Start with Your Property

Land & Lot Financing Options

Whether you're buying acreage or a subdivision lot, we offer flexible financing to help you secure your building site.
Looking at plans and pointing to land for purchase.

Land Loans

  • Up to 80% of purchase price 
  • No acreage limit 
  • Loan amount maximum of $250,000 
  • 3-year balloon with interest-only for 36 months 
  • Land appraisal required
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Bulldozers digging up a lot

Lot Loans

  • Up to 80% of purchase price 
  • Appraisal may not be required 
  • Loan amount maximum of $250,000 
  • 3-year balloon with interest-only for 36 months 
  • Ideal for lots within subdivisions 
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Common Questions About Building Your Home

Construction-to-Permanent Loan FAQs

Find answers to frequently asked questions about construction loans, financing requirements, and the building process.

Ready to build your new home?

Contact one of our Construction Loan Officers to get started today.
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Related Services & Tools

Maximize Your 3Rivers Membership

Pair your construction loan with these tools to manage your money, protect your investment, and reach your goals.
Home & Auto Insurance

Protect Your New Home

Safeguard your investment with comprehensive coverage. Explore insurance options designed to protect your home and everything inside.
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Connect with us however works best for you! We're here to answer questions and help you reach your financial goals.

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