If you are looking to build a new home, First Independent Bank is here to provide you with the right construction loan for your needs.

Minnesota Construction Loans

If you are ready to build a new home, First Independent Bank is here to provide you with the construction loan that will meet your needs. With the local expertise to make home building and buying in Minnesota a great experience, our lending team can show you the best options for financing a new home construction project.

Financing and Building a Home

Building a home in Minnesota is possible because of construction financing solutions from First Independent Bank. We provide new construction loans as well as remodel financing, and our approval process gives you the answers and direction you need quickly. Whether you’re ready to build now or still need to acquire the land you’ll be building on, we’ll connect you with the financing solutions that are best for your situation.

Construction to Permanent Loans

First Independent Bank also has great single close construction loan options. Our experienced lenders are here to help from beginning to end, giving you support and expertise to make the right choice for your new or remodeled home.

First Independent Bank’s construction to permanent financing solutions will help you build or remodel the home of your dreams. These loans transfer from construction loans to permanent loans upon completion of your home, and come with multiple opportunities to save money.

  • A multiple advance loan
  • Up to 12 months with interest only payments
  • Competitive rates
  • Permanent financing – to help avoid duplicate closing costs


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