Page Content

New Construction Loans

Build Your Home, and Your Dreams, With Northern

If you’re interested in buying a newly built home in a development or building a custom home from the ground up, talk with us to learn more about your construction financing options. We want you to spend your time picking out paint and countertops – we'll take care of your mortgage.
  • Up to 90% financing available**
  • Finance land and build costs all in one loan
  • Streamlined approval process
  • Flexible build terms available to fit your payment and construction schedule

To apply for a construction loan, you will need to have a signed construction or purchase contract with your builder or developer. The contract will detail certain aspects that will impact certain parts of your loan including:

  • Contract amount, which includes construction and cost of land, if applicable
  • Construction start and completion dates

Get started by calling the Home Lending Team at 315.777.8900 or by filling out our Contact Us Form.



*$100 will be deposited into a Northern Credit Union deposit account at the time the mortgage loan is funded. 
**To qualify for 90% financing borrower must have a $250,000 initial min. loan balance. Call for additional details.