Construction Loans

sunset on a field

Many people dream about building a new home. Maybe they found the perfect property or simply want to build to their exact specifications. We understand it could be one of the most exciting and rewarding projects you'll ever undertake. After you've purchased the land and begun designing your dream home, you'll need to determine financing for the construction, find the right builder, and navigate through permits and planning. Your Community Bank is here to simply the construction financing with timely, local decision making.

Loan Program and Product Details

Our home construction loans are made for a limited duration, typically no more than a year. We offer interest only financing for the term of the loan. During construction, we work with your contractor to fund the project through pre-determined draw payments, which are designed to ensure that distinct portions of the project are completed before any additional funds are released for later phases. The advance rate and loan amount will be determined based on the project cost and equity required. In certain cases, the cash equity required may be reduced by equity in the land. Speak to one of our knowledgeable lenders for more details.

Competitive rates
Expert lending professionals: Ready to help

Rate and terms subject to change anytime without notice. Please ask about our current rates and terms.

Contacts

Dave McAlister

Consumer Banking Manager
530-899-4202

Juan Delgado

Consumer Banker
530-899-4224

For more information visit our conveniently located office or call us at 530-879-5900, M-TH 8am to 5pm PST, FRI 8am to 6pm PST.  One of friendly and knowledgeable Consumer Loan Representatives will be happy to assist you.

Mail Loan Payments to:

Northern California National Bank
Note Department
1717 Mangrove Avenue, Suite 100
Chico, CA 95926

Payments received before 5pm Monday through Friday are credited on the date received.  Automatic payments are processed on the loan due date or prior business day if on a weekend of holiday.

For loan information requests of to assert a loan error, please contact us at the above address.

To request a demand for payoff, call us at 530-879-5900 during regular business hours, M-F 8am to 5pm PST.

Northern California National Bank Member FDIC.

Coming Soon: New & Improved Online Banking!
We are excited to announce we are upgrading our Online Banking service for both consumer and business customers. During the upgrade online banking will be down beginning 2pm on Monday 10/23 until 8am Wednesday 10/25. Our new Online Banking system (OLB) will help us continue to provide the service you have come to expect with an updated, user friendly look and feel. Please click here to read the details of the important information you need to know before the conversion.