Each package contains instructions and an application which features "field fillable" boxes (type into). Once completed, please print out, sign, and deliver (or mail) to any of our locations.
BUILD Loan Applications:
Application packages are in PDF format, if you need the free Adobe PDF Reader, click here
Financing construction doesn't have to be a huge headache. We have streamlined the process of funding your building project to ensure that you have the funds you need when you need them. Because we work with you to understand the project ahead of time, you will not need costly inspection reports to receive your funds. Simply submit your eligible construction invoices, and we will write checks out of a construction loan checking account directly to the contractors or suppliers.
BUILD Loans work well for new home construction, additions, renovations or small commercial buildings. Borrowers with suitable experience can act as the general contractor or perform some—or all—of the construction.
Funds are provided as needed, with the simple presentation of eligible construction invoices.
• Unlimited draw requests
• No minimum draw amounts
• Funds available in 24-48 hours, or as soon as allowed by law
New Hampshire residents: please contact your local Union Bank office for more details.
Union Bank's BUILD Loan will save you money with no costly building inspections each time you need funds.
Better for Builders
With a BUILD Loan, contractors are not required to make large outlays of cash for long periods of time
waiting for their next installment, and projects aren't delayed waiting for interim inspections. BUILD Loans
are a real win-win-win.
The BUILD Loan works better for the contractor because the project funds are available through a Construction Loan Checking Account at Union Bank. The funds are approved at the time the loan is made making it possible for contractors to drop off consumer-approved invoices and pick up a check within 48 hours.
An Advantage for REALTORS®
Obtaining a construction loan can be a daunting process. A buyer may even decide not to buy land to avoid the process. With the BUILD loan, we make construction financing easy for your client. Prospective homeowners can buy the land and finance their home construction with one simple loan and one closing. Call one of our experienced lenders today to find out more!