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Construction Loans


If you’re considering building a home, look no further than Great Midwest Bank.  Our Construction Loan product offers the following features:

  • Minimal down payment requirement offering flexibility if you want to stay in your current home
  • A “one-time close” feature with permanent financing included
  • Interest-only during construction followed by normal monthly payments upon completion
  • Local loan servicing and flexible underwriting using our own funds

We make the process simple and easy:

  • Begin with a Pre-Approval by contacting one of our experienced Loan Officers.
  • Have an idea of your construction budget and provide details on your prior or prospective land purchase.
  • Review our Construction Loan Application Checklist below and be ready to provide as much of this information as possible.
  • Look for answers to all of our Frequently Asked Questions.

Want to learn more? Click here to check out our construction loan video!




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“Mark was super awesome and responsive. The transaction went so smooth and Mark always kept me up to date. Ever since this transaction, I am going to recommend Mark to everyone!”

Randy Young, Bay View Homes

Great Midwest Bank