Construction & Development Loans
Construction and development loans provide the funds needed to grow your business through land purchases, development, and construction. Learn how Core Bank can help you find the right loan so you can begin the building process!
Building Businesses with You
Our team of professional lenders is committed to helping you understand the various types of construction and development loans. Our goal is to provide you with financing that’s tailored to you and your specific business needs.
Learn more on our blog, Lawson Cryogenic Manufacturing and Repair Business Spotlight.
Construction & Development Loan Options
There are a variety of loan options to choose from when it comes to construction and development. They include:
Land Purchase
- For Construction
- For Development
Construction
- Commercial-Contractor Loan
- Investor-Commercial Real Estate
- Owner-Occupied
Miniperm
- Loan available during rent up and stabilization
How to Apply for a New Construction & Development Loan
Core Bank’s application process is simple and straightforward. You can get in touch with a member of our business banking team today to get the application process started and have any additional questions answered!
Construction & Development Loan FAQs
What are the requirements for a commercial construction loan?
The main qualifications for commercial construction loans are your credit score and debt-to-income ratio. Some lenders may have stricter requirements.
How do you get a loan for property development?
Loans for property development are similar to other construction loans and often entail a simple application process and fixed rates.
What is the average interest rate on a construction loan?
Commercial construction loans typically have interest rates between 4% and 12%.
Find a Core Bank Near You
Core Bank proudly offers personal and business banking solutions made for you. With banking centers in Omaha, Overland Park, and Mesa, we’re here to help you borrow and save confidently. Discover your nearest Core Bank today!
Contact Core Bank
Get in touch with our team to learn more about our construction and development lending options or to apply for a loan today!
Latest From the Blog
Business Spotlight: Bringing the Bold Flavor of Church’s Texas Chicken to Omaha
Since opening its doors in San Antonio in 1952, Church’s Texas Chicken® has been known for its bold, Texas-inspired flavors. Thanks to the drive and dedication of Omaha entrepreneur Mohammed Haque, that legendary flavor is now winning hearts right here in the heartland.
Wire Fraud Trends: What Businesses Should Know
As digital payments become more widespread, wire fraud is surging—targeting businesses with devastating financial impact. Understanding the trends, tactics, and protection strategies is critical to staying safe.