Construction Loans

We'll help you build something beautiful with a construction loan - your home.

As a construction lender of choice, Monson Savings Bank regularly helps our customers' dreams come true. We assist our customers in obtaining the financing they need to build their dream home. Designing and building a brand new home, customized exactly how you desire to fit your family's needs, is an exciting experience! Our local lenders are ready to be apart of this experience and assist you every step of the way. We will listen to your vision and help you make your dream home a reality.

 

Contact a Lender

Key Features

  • Competitive Rates
  • Quick Decisions
  • Local Processing

About Your Construction Loan:

  • Available for primary residence or second home construction
  • Payments are interest-only during construction phase, based on the amount drawn on your loan
  • Construction draws advanced in stages based on work completed
  • Transition from the construction phase to permanent financing, with no additional closing

What to Expect From Us:

  • Competitive rates
  • Local and experienced mortgage lenders
  • Strong knowledge of the local real estate market
  • Quick, local decision-making and processing
  • Attentive, friendly service from start to finish
Contact a Residential Lender

Our experienced, knowledgable and friendly Residential Lenders are ready to help you meet your home financing goals.

  • Terry Poloski

    Vice President
    Mortgage Loan Officer

    NMLS ID 23405

    (413) 267-1232

    Email Terry Poloski

  • Wil Morales

    Assistant Vice President
    Community Lending Officer

    NMLS ID 1220692

    (413) 267-1213

    Email Wil Morales

  • Charlene Kareta

    Mortgage Originator

    NMLS ID 458963

    (413) 267-1219

    Email Charlene Kareta