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      Single closing saves time and money

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      Competitive interest rate

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      Low down payment options available

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      Flexible terms available

  • For the Home of Your Dreams:

    A New Construction/Renovation Fixed Rate Mortgage loan from FNB is similar to a traditional fixed rate mortgage loan.1 The key difference is that you can use this borrowing option to finance the purchase of the lot or existing home as well as the costs of construction or renovation — all in one convenient mortgage loan.2

    If you already own the property, we typically pay off any existing financing you have with the new loan and, depending upon how much you are looking to borrow as compared to the value of your home, we may be able to finance the purchase cost, the construction/renovation costs, as well as the settlement charges into the loan.

    Key Features:

    • Interest rate is fixed at inception and during the construction period
    • Interest-only payments during construction up to 12 months
    • Fixed rate options
    • Low down payment options available
    • Options for owner-occupied and second homes

    Key Benefits:

    • Single closing combines your construction/renovation and mortgage loans.
    • Interest may be tax deductible3
    • Competitive interest rates
  • Applying for a New Construction/Renovation Adjustable Rate Mortgage:

    Whether you would like to get pre-qualified or begin the application process, we have convenient ways for you to get started. You can begin by adding this product to your bag. During the checkout process, you can select the option to get started online or set up a time to meet with one of our experts.

    Getting Prepared:

    It is helpful if you have the following documents with you during the application process:

    • Fully executed purchase agreement
    • Most recent 30 days of pay stubs
    • Most recent two (2) months of bank statements
    • Prior two (2) years of your W2s
    • Prior two (2) years of tax returns
    • Current driver’s license or photo ID

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Notices & Disclosures
1 - FNB is an Equal Housing Lender; NMLS #766529.
2 - All loan products are subject to credit approval.
3 - Interest may be deductible; check with your tax advisor.

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