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Construction Loan Guide


Finalizing Your Home

Your loan automatically converts form interest only to a predetermined permanent loan program upon the completion of the home. If you change your mind on the permanent loan, you can always choose to refinance the loan into a different loan product with FORUM. See your Mortgage Advisor for details. 
 

Welcome To Your New Home!

After the receipt of Certificate of Occupancy (C of O), final inspection, and the final title updated we’ll disburse the remainder of your loan proceeds (final draw) to the builder. Now it’s time to pack your things and call the movers!
 
For even more information on the mortgage process and owning a home, visit our Resource Center.
   

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