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Residential Construction Loan Recs - Lafayette
Posted on 3/12/24 at 6:56 am
Posted on 3/12/24 at 6:56 am
Any advice on best place to start looking into this? Homebank has a construction to perm loan, but outside of that I’m not sure where else to look for options.
Posted on 3/12/24 at 8:03 am to cajuntiger26
(337) 456-3580 Call Mimi at GMFS. She's in Lafayette, very competitive rates!
Posted on 3/12/24 at 8:15 am to cajuntiger26
Farmers State Bank specializes in new construction. Not to be confused with Farmers and Merchants Bank.
Posted on 3/12/24 at 8:42 am to TigerBlood17
I believe Hancock Whitney has a 1 time close construction loan option. I would explore this if they still offer it.
Posted on 3/15/24 at 5:50 am to PCBourbon
FYI for anyone interested, Hancock Whitney apparently gutted their construction program so that was a no go. Can only be a fixed cost build, low loan limits and other new restrictions. They actually suggested Home Bank
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