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Planning to build a home in Southern Wisconsin or Northern Illinois? At First National Bank and Trust (FNBT), we're here to help you lay the foundation—literally. As a community bank, we offer personalized support and local decision-making to make your construction loan process smooth and stress-free.

When you apply for a Construstion Loan with us, you'll work with a team that's committed to delivering responsive service and real solutions—because we know how important this step is for you. Want to get a head start? Use our home loan calculators to explore affordability and payments.

Calculate a Mortgage PaymentWhat Is A Construction Loan?


A construction loan is a short-term loan that covers only the costs of custom home building. This is different from a mortgage, and it’s considered specialty financing. Once the home is built, the prospective occupant must apply for a mortgage to pay for the completed home.

Construction-Only Loan


This type of loan is short-term and is usually issued for a year. It’s meant to cover only the actual construction period.

Construction-To-Permanent Loan


Construction-to-permanent loans are a financing option that prospective custom home builders can apply for. Like construction-only, construction-to-permanent financing are one-time loans that fund construction and then convert into a permanent mortgage. During the construction phase, borrowers make interest-only payments.

Apply Now For A Construction Loan! 


Home is where dreams are made. Ready to apply for a Construction Loan? Use our easy loan calculator to estimate your monthly mortgage payment or contact us to get started! To meet one-on-one with a lender, or apply in-person, visit any of our convenient locations in Beloit, Clinton, Darien, Delavan, Janesville, Monroe, and Walworth, WI and Rockton, Roscoe, and Winnebago, IL.