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Home Construction Loan

Let's turn that dream home into a reality

Perfect for new home construction and significant additions.

Embark on the exciting journey of building your dream home with a First Bank Home Construction Loan. You'll receive a tailored-for-you streamlined financing process, making your vision a reality.

During the construction period, benefit from the convenience of interest-only payments, allowing you to focus on the building process without the burden of full loan payments. This feature provides financial flexibility and peace of mind as you watch your home take shape.

Upon completion of your project, First Bank offers a variety of permanent financing options to transition smoothly from construction to homeownership. Choose the solution that best suits your long-term needs and enjoy competitive rates and terms designed to provide a seamless and affordable home-building experience.

Experience the joy of creating your custom home with First Bank's Home Construction Loan.
Home Construction Loan

For new home construction and major additions, you'll enjoy partnering with First Bank during this exciting time.

  • Pay interest only during the construction period
  • Upon completion, choose from a variety of permanent financing options
  • Competitive rates and terms

Apply online 24/7. Quick, local service.

Apply online in 5 minutes.
Enjoy and benefit from local loan decisions.
Work with local mortgage lenders who know the market.
Receive ongoing communication.

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Personal Banking

Your dream home. Your dream loan. 

From building, to buying, to refinancing, you'll be in good hands with our knowledgeable, local mortgage team.

Request a call from a mortgage loan officer.

Have our Mortgage Expert contact you. Or, call us at 812-266-2638.
Request a call
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Personal Banking

Should you rent or buy your home?

Use our handy calculator to weed through the fees, taxes, and monthly payments to help you make the best decision. 

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Have questions?

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First Bank NMLS ID# 408968. Subject to credit approval. Other restrictions may apply. Property insurance required. See First Bank for details. The Equal Credit Opportunity Act prohibits lenders from discriminating against credit applicants in any aspect of a credit transaction on the basis of race, color, religion, national origin, sex, marital status, age, whether all or part of the applicant’s income comes from a public assistance program, or whether the applicant has in good faith exercised a right under the Consumer Credit Protection Act. The Fair Housing Act prohibits discrimination in residential real estate transactions on the basis of race, color, religion, sex, handicap, familial status, or national origin. Under these laws, a consumer cannot be refused a loan based on these characteristics nor be charged more for a loan or offered less favorable terms based on such characteristics. The content of this page is informational only. Account is subject to approval. The terms of the account, including any fees or features, are subject to change without prior notice except as required by law. Refer to product disclosure for the terms and conditions associated with the product. Other fees and charges may apply.