Build your dream home with help from Alpine Credit Union.
HOME CONSTRUCTION LOANS
FLEXIBLE FINANCING FOR YOUR CUSTOM BUILD
Our construction loans are designed to fit your building plans. From start to finish, Alpine Credit Union is here to support your vision with simple terms and local service.
CLOSING OPTIONS
Alpine Credit Union manages the financing and draw stages of your home's construction. Once construction is complete, you’ll arrange your permanent mortgage separately. We will guide you through your best long-term financing options and get you the best possible rate in the current market.
CONSTRUCTION TERMS
Your construction loan term is up to nine (9) months, giving you time to ensure your home is built to your exact specifications. If construction is delayed, we offer a three (3) month extension, approved on a case-by-case basis.
LOCAL DRAW PROCESS
Throughout construction, your builder and subcontractors will require payment for materials and work. Draw requests are reviewed and signed by both you and your builder. Once approved, Alpine Credit Union processes the payment timely—keeping your build on track and stress-free.
New Construction
| Term | APR* As Low As |
|---|---|
| 9 months | 5.99% APR* |
Use our easy mortgage calculator to find your ideal price range and monthly payment.
NEXT STEPS
- Use the calculator to explore your price range.
- Contact our Mortgage Department for personalized guidance if needed.
- Start your application online today!
CONTACT OUR MORTGAGE DEPARTMENT
Call or Text: 801-857-2470
Email: mortgage@alpinecu.com
Fax: 801-426-1522
Loyalty rate discounts do not apply to mortgage products.