New Construction

Most LMC clients have chosen construction/perm mortgages to finance the building of their new homes. This program combines the construction and permanent financing aspects of your project. You qualify for the loan once, lock in the permanent rate, sign one set of loan documents and have up to 12 months to complete your residential construction project! You do not have to worry about re-qualifying, re-appraisals, additional closing costs or signing more loan documents when you move into your new home! During the construction period, interest is charged only on the funds that have been disbursed. When the project is completed, the permanent loan period begins.

Although our most popular construction loan is the "One-Time Close Construction/Perm", we also offer blanket construction, lot, new construction and stated income construction loans.

If you have questions regarding our line of construction products, interest rates or Langdon Mortgage, call us or complete our FREE Mortgage Consultation or Contact Us forms. You can also apply online by completing our Quick Loan Application or call us locally (317.844.2250) or toll-free (866.844.2250) to apply over the phone. If you prefer, one of our Mortgage Consultants will gladly meet you in our office or at a convenient time and place of your choosing.