Construction loans.

I would not go in telling them you are putting 50% down with the current market. Appraisals are currently coming in much less than actual costs the last 12-18 months. Appraisals are not capturing the significant increase in cost of labor and materials.

Get 2-3 actual proposals from reputable and local builders to have as proof on what you're building. Once you see this, you will be highly surprised at what is occurring.

Start with your current bank. They know your situation. If you don't like what they offer, get a second, third, and fourth opinion. Should one of them come back much more favorably, tell your current bank you're moving all of your money within the hour if they don't beat your best offer.

Being 50% liquid, you hold the cards.

I built about 6 years ago. Shopped a few lenders and ended up going with Bancorpsouth.

Have to be very careful. In some areas the house won't appraise for what it costs to build due to labor and material prices right now. A friend's framing bid was $40k higher than expected.

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Have to be very careful. In some areas the house won't appraise for what it costs to build due to labor and material prices right now. A friend's framing bid was $40k higher than expected.

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We got super lucky with our appraisal. Came back almost $100k over what we needed to borrow. Was very excited with that.

If you are in the New Orleans area, take a look at 5th district savings. We built in 2019 and used a one time close program they had. We were very happy with them.