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Construction Loans

Start your construction project with a local partner to guide you through the building process. Altabank can help you quickly secure financing that’s expertly tailored to your specific needs, whether you're renovating an existing home, building a new one or constructing something larger like an apartment or commercial building.

Customizable and Quick Construction Loans

With fast, friendly and affordable construction loans, Utah is built with Altabank. We’re big enough to offer a wide variety of competitive financing options and small enough to do it with quick and personalized care.

Types of Loans Available

  • Lot/Land Loans
  • Renovation Loans
  • Traditional Construction Finance + Long-Term Mortgage

Benefits of a Single Lender

  • Lower your closing costs
  • Coordinate closing dates
  • Single appraisal (available for mortgages of $1M and above)
  • Receive funds quickly
  • Fast approval and local decision making
  • Multiple draws without additional fees
  • Exceptional service

How to Get Started

Let our experts walk you through the process and find the right loan for you.

Step 1

Contact a loan officer to receive an online application.

Step 2

Complete and submit the application for review.

Contact a Loan Officer

Step 3

An Altabank mortgage loan originator will contact you within 24 business hours to answer your questions.

Building a House?

Bring your construction loan and mortgage together.

Get your construction loan and mortgage from Altabank and up to half of your loan origination fee can be credited towards your mortgage.