Construction

Building a house is a daunting task; however, our experienced loan officers will provide assistance to individuals in securing the necessary funds to make dreams come true. A construction loan is a mortgage that funds the construction of a new home. Once the loan is set, the borrower has unlimited number of draws. Our construction loan program is hassle-free. In addition, Bath State Bank has an in-house person who can complete the inspection.


Bath State Bank is a popular lender for construction loans. We allow the borrower to act as their own general contractor. The borrower has 12 months to build and complete the home. A few items to note include:

  • Hassle-free and flexible
  • 12-months to build/complete your home
  • Allows borrower to be own general contractor
  • Unlimited number of draws
  • 80% loan-to-value
  • Bath State Bank loan officer completes inspections
  • Payment made at Bath State Bank

Eligibility for potential borrower:

  • 12 months to build and complete your home
  • 80% loan-to-value
  • No minimum

Information needed to process your construction loan:

  • Paycheck stubs — most recent two pay periods
  • Tax returns — past two years
  • Assets — past two months statements of savings, checking and investment accounts
  • More details will be provided upon an appointment with a Bath State Bank loan officer.

For more information, please call David or Melanie at 765-732-3022 or 765-732-3147. Toll free at 800-463-7464.