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Construction Loan Guide


Building Your Home

As a local financial cooperative, FORUM is not publicly traded and doesn’t have shareholders. Instead, our members are owners, and we are able to return profits to members through higher savings rates and lower loan rates. FORUM’s primary mission can be summed up in one simple, yet sincere statement: Helping Members Live Their Financial Dreams. This statement is most clearly reflected through our employees who are attentive to our members’ needs at every level. With over 20 years of construction lending experience, FORUM has construction loans to fit your unique building needs and professional advisors to ensure a smooth loan process.

There are many reasons to build, here are just a few:
  • Customization: The primary advantage to building your home is that it can be built to your specifications.
  • New Materials: A new home will have new wiring, new plumbing, and will be up-to-spec with building codes. They are also more energy-efficient than older homes.
  • Costs: Although purchasing a home may be less expensive upfront, once you include renovations, maintenance, and upgrades, it could be more expensive than building.
 
New Construction Loan PDF

Talk to us

To apply for a mortgage or get answers to questions, call our Mortgage Specialists at 317.558.6160 or 866.367.8600 or email us at forummortgage@forumcu.com.

FORUM NMLS #469848
NMLS Registry Information for FORUM Credit Union Mortgage Loan Originators