Construction Loan Rate Special
Rates as Low As 3.79%
Build your next home with First PREMIER's low interest construction loan special. Rates as low as 3.79% (7.441% Annual Percentage Rate) on an 11-month balloon Closed End Line of Credit. Promotion applies only to applications taken between March 1 - May 31, 2026. Loans must close by July 31, 2026.
Construction Loan Special
- 11-month balloon Closed End Line of Credit
- Primary residences only
- Max construction loan equal to 2026 conventional loan amount of $832,750
- Closing to occur no earlier than 30 days from date received intent
- Borrower must have a checking account relationship with First PREMIER Bank
Construction Loan Special Rates
Credit Score |
Rate |
Annual Percentage Rate (APR)1 |
| 750+ | 3.79% | 7.441% Based on $500,000 loan half advanced Monthly Payment: $788.21 monthly payment |
| 700-749 | 4.79% | 8.473% Based on $500,000 loan half advanced Monthly Payment: $996.18 monthly payment |
Start Your Loan Application
If you would like to apply for our construction loan special, please contact your mortgage banker. If you do not already have a lender, contact any member of our team.
Financial Calculators
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Disclosure
{1}(8.392% Annual Percentage Rate (APR)) Construction rates based on a $350,000 loan half advanced, $582.60 monthly payment. The payment amount does not include tax and insurance premiums. The actual payment obligations may be greater.
All loans and interest rates are subject to credit approval.
Available on applications from 3/1 - 6/30/25 with 60-day close. All lender fees and closing costs still apply. Interest rates are not guaranteed and subject to customer credit history, income and other factors.