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Construction Loans

AOD Federal Credit Union now offers Construction to Permanent Home Loans.

Benefits:

  • One loan
  • You pay only one set of closing costs
  • Periodic disbursement of funds throughout the construction phase
  • Interest only payment after the first disbursement based only on the amount advanced thus far
  • Construction loan moves to perm automatically after 12 months
  • Must have “Lock and Key” contract with State Licensed, Credit Union Approved Builder. 

For more information, please contact a credit union representative today!

Click To Apply By Phone: 800-637-0299

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