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Construction Loans

Need advice, ready to build your dream home? Our lenders are here for you and ready to assist.

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Build Smart

$0 Down & $0 Payments During Construction

Building your dream home can be easy and affordable when you choose Levo for your construction loan.

  • No Down Payment**
  • No Payments During Construction
  • Rates as low as 2.99% APR*
  • Terms up to 9 Months
  • Flexible Origination Fee Options
  • Quick and Simple Approvals

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*Current Annual Percentage Rate. Rates are subject to change without notice.

**Mortgage loans are subject to credit approval, down payments and membership eligibility is required. A variety of rates and terms are available. Contact us for current rates. Levo Credit Union is federally insured by NCUA. Equal Housing Opportunity lender. NMLS #441310

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Current Home Loan Interest Rates

Your home loan interest rate doesn’t have to break your budget at Levo Credit Union. Here’s what you can expect currently:

Mortgage Type Rate APR* Term (Months)
RESIDENTIAL LOT LOANS 80% LTV TERM 15 YEARS 3.990% 4.148% 180
CONSTRUCTION LOAN OPTION 1 2.990% 6.285% 9
CONSTRUCTION LOAN OPTION 2 3.990% 6.805% 9

*APR - Annual Percentage Rate.  Your loan interest APR will be determined by your credit score. The numbered tiers shown represent credit score ranges as follows: 1= 720+, 2= 680-719, 3= 679 or lower. The specific rate will be set at the time of loan application review.  Variable rates are subject to change at the end of each calendar quarter and shall not exceed 18.00% APR.

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