Residential Construction Loan Rates

Rates effective November 24th, 2014.

Residential Construction Loan Rates

ProgramFee (Point)Interest RateAPR*
12 Month Balloon Construction Permanent1,30 Points (SL)3.750% 4.534%
12 Month Balloon Construction Permanent10 Points (SL)3.750%4.785%
Jumbo 1 Year Adjustable Rate Construction Permanent20 Points (SL)5.875%3.568%
Jumbo 6 Month Adjustable Rate Construction Permanent20 Points (SL)5.750%6.524%

  • * Annual Percentage Rate
  • American Trust is an equal housing lender.
  • American Trust lends only to customers who reside within a 100-mile radius of Dubuque, Dyersville, Iowa.
  • All rates quoted are subject to change. Variable rates may increase or decrease after consummation.
  • Conversion fees not included in rates.
  • Monthly interest only payments on outstanding principal construction loan balance.
  • ¹ The annual percentage rates quoted are based upon a $250,000 loan with a 20% down payment, and a 30-year term.
  • ² The annual percentage rates quoted are based upon a $500,000 loan with a 20% down payment, and a 30-year term.
  • ³ Rate applies to owner-occupied newly constructed homes only.