Home Construction Loans

Build your dream home with our flexible construction loans and 12 month rate lock program.

Build it with a Home Construction Loan!

Can't find the perfect home?

Pair a Home Construction Loan with our permanent financing products for a winning combination!

Ask us about our 12 month rate lock and competitive rates!

12 Month Rate Lock Program

The construction of a home often takes 6 months or longer to complete. Low home construction rates help reduce costs during this phase. However, this is a period of time where the consumer is at risk for interest rate fluctuation until permanent financing is obtained. We can help customers lock in a great long term interest rate with our 12 Month Rate Lock Program right up front during the construction phase. This allows consumers to eliminate the risk of rising interest rates during the construction phase. Not all lenders offer these types of construction programs. However, Luana Savings Bank specializes in this type of lending as we see the great benefit for our customers.

Home Construction Loans

Effective Date: December 18, 2023
Rate APR*
7.35%8.245%

*(APR) Annual Percentage Rate. Offer subject to credit approval and may change or be withdrawn without notice.

Ready to start the home building process?

Meet our Residential Loan Officers

Our experienced loan officers are available to help you navigate the home buying process.

Kasey Iverson

Luana Branch
563-539-2166
Get Started

NMLS #1257744

Blake Winter

Luana Branch
563-539-2166
Get Started

NMLS #2556025

Jess Schubert

Luana Branch
563-539-2166
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NMLS #1768698

Josh Uhlenhake

Ossian Branch
563-532-7022
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NMLS #987805

Kristin Christensen

Polk City Branch
515-984-7100
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NMLS #1893769

Brandon Converse

Polk City Branch
515-984-7100
Get Started

NMLS #1380837

Dawn Fay

Polk City Branch
515-984-7100
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NMLS #1226093

Scott Bishop

Clive Branch
515-987-2116
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NMLS #1021523

Brian Byrnes

Clive Branch
515-987-2116
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NMLS #41854

Mic Hayes

Clive Branch
515-987-2116
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NMLS #41860

Angie Sprenger

Clive Branch
515-987-2116
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NMLS #1893794

Whitney Sadler

Norwalk Branch
515-410-9800
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NMLS #2021601