A construction loan is a short-term draw note, typically 6 to 12 months in length, used to fund the cost of building a home or business facility. The construction project is used to secure the loan. Monies are advanced as work is completed. Construction loans are made to both individuals and contractors. When you secure a construction loan from PB&T Bank, you can expect personal, friendly and individual service, competitive rates and weekly draws.
When you are serious about building, you need a serious bank.
PB&T has a history of providing reliable loans and banking services. When it comes to your construction project, you need a bank that understands your needs. Our longtime community presence gives us nuanced insight into local construction projects. Call 1-888-728-3550, send us an email or visit one of our locations in Cañon City, Colorado Springs, Denver, Pueblo, Salida or Leadville for more information on our construction financing.
How to Apply for Commercial Real Estate Financing?
Pre-qualify for your permanent mortgage to determine how much you can spend.
Choose a building site.
If using a contractor, identify floor plan and building costs.
If building your own home, identify floor plan and exact costs.
This one’s on us! Services that are available to you at no charge, courtesy of PB&T Bank.
- Online Banking
- Online Bill Pay
- Mobile Banking
- Text Banking & Alerts
- Mobile Check Deposit
- 24-Hour Phone Banking