{"id":23119,"date":"2026-01-28T18:15:21","date_gmt":"2026-01-28T18:15:21","guid":{"rendered":"https:\/\/budgetadirect.com\/?p=23119"},"modified":"2026-01-28T18:15:22","modified_gmt":"2026-01-28T18:15:22","slug":"best-construction-loan-lenders-in-2025","status":"publish","type":"post","link":"https:\/\/budgetadirect.com\/?p=23119","title":{"rendered":"Best Construction Loan Lenders In 2025"},"content":{"rendered":"
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\n Images by Getty Images; Illustration by Hunter Newton\/Bankrate\n <\/p>\n<\/p><\/div>\n

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A construction loan is a short-term, high-interest loan used to finance building a home. Funds are paid out in phases over the course of construction and typically cover land, materials, contractor labor and permits. They tend to have stricter qualification requirements than traditional mortgages, but are available through a wide range of lenders, including large national banks. Here are our picks for the best construction loan lenders in 2025.<\/p>\n

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Best construction loan lenders<\/h2>\n
\n\n\n\n\n\n\n\n\n\n\n\n
Lender<\/th>\nAvailability<\/th>\nBankrate Score<\/th>\n<\/tr>\n<\/thead>\n
PNC Bank<\/strong><\/td>\nAlabama, Arizona, California, Colorado, Florida, New Mexico, Tennessee, Texas, and Washington*<\/td>\n4.8<\/td>\n<\/tr>\n
Wells Fargo<\/strong><\/td>\nAll U.S. states<\/td>\n4.8<\/td>\n<\/tr>\n
New American Funding<\/strong><\/td>\nAll U.S. states & Washington, D.C.<\/td>\n4.6<\/td>\n<\/tr>\n
U.S. Bank<\/strong><\/td>\nAll U.S. states<\/td>\n4.5<\/td>\n<\/tr>\n
First Citizens Bank<\/strong><\/td>\nAll U.S. states except Delaware, Idaho, Indiana, Kentucky, Maine, New Hampshire, North Dakota, Rhode Island, South Dakota, Washington, West Virginia and Wyoming<\/td>\n4.5<\/td>\n<\/tr>\n
TD Bank<\/strong><\/td>\nConnecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia and Washington, D.C.<\/td>\n4.3<\/td>\n<\/tr>\n
Old National Bank<\/strong><\/td>\nAll U.S. states<\/td>\n4.2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>
* The bank or lender offers construction loans in these states only. It might offer other types of mortgages in other states.<\/sup><\/em><\/figcaption>
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