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Builder/Developer Loans

Whether building a pre-sold home or a small subdivision, the Bank offers loans with terms and conditions that work for builders and developers.  In addition, our Commercial Lenders work closely with our Mortgage Specialists to provide the least expensive and favorable terms available to your buyers, often with reduced closing costs.

  • Loans for “spot” pre-sold or speculative properties, including purchase/rehab.
  • Land loans
  • Road development loans
  • Revolving Construction Lines of Credit for subdivisions
  • Revolving Construction Lines of Credit for spot building
  • 40 (B) and 40 (R) project financing

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For more information, contact one of our Commercial Loan Officers at (508) 238-2007 or email businesslending@northeastonsavingsbank.com

Meet the Lenders