At Presidential Bank Mortgage, we believe your dream home doesn’t have to be a lucky find—it can be something you build or transform into exactly what you want. Whether you’re starting from scratch or reimagining a home in need of updates, construction and renovation loans can be the perfect tools to help bring your vision to life. Let’s explore how these loan options work—and how our team helps make it all possible.
Why Choose Construction or Renovation Financing? Most traditional mortgages are designed for move-in-ready properties. But when your dream home requires a little imagination—whether it’s new construction or a home renovation—standard financing may not be enough.
These specialized loans provide the flexibility to:
Build on your own lot
Turn a fixer-upper into a forever home
Make meaningful updates to your current home
Construction Loans: Build What You’ve Been Searching For Construction loans offer short-term financing for new builds, allowing you to create the perfect space from the ground up. What sets Presidential Bank Mortgage apart is how we simplify the process with a one-time close construction loan.
Our Construction Loan Advantage:
No re-qualification after construction is complete
No re-appraisal needed at the end of the build
Interest-only payments during construction
One-time closing to save you time and money
Access to our dedicated construction loan team with years of experience guiding borrowers through every phase
Our specialized team works closely with you, your builder, and your agent to keep things moving smoothly—so you can focus on building, not paperwork.
Renovation Loans: Improve It Your Way If you’ve found a home in the right location that needs some updates—or want to upgrade your current home—renovation loans allow you to finance both the purchase (or refinance) and renovation costs into one loan.
Perfect for:
Kitchen and bathroom remodels
Roof, window, or HVAC replacements
Room additions or layout changes
Cosmetic updates and structural repairs
We offer a variety of renovation loan products, including FHA 203(k) and Fannie Mae HomeStyle®, so you can choose the solution that fits your project and your financial goals.
Why Work With Presidential Bank Mortgage? Taking on a construction or renovation project can feel like a big leap—but we’re here to make it a confident one. When you work with Presidential Bank Mortgage, you get:
A dedicated team of construction loan experts
Guidance through contractor selection, draw schedules, and inspections
A streamlined process with one closing, no re-qualifying, and no re-appraisal needed
Personalized support to help you stay on track from foundation to finish line
Start Your Dream Home Journey Today
Whether you’re building new or renovating what’s already there, Presidential Bank Mortgage offers the tools, guidance, and support to make it happen—without the stress of jumping through hoops after construction ends. Let’s turn your vision into a home—together. Connect with one of our construction loan specialists today to explore your options and take the next step toward your dream home.