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Construction / Lot Loans
Let us help you build the house of your dreams. Our experienced construction loan advisor will be there every step of the way to ensure the building and financing process is quick and simple. With Cyprus Credit Union, a loan program will be customized for you with construction and financing being approved in one simple step.
Our customized construction loan program features and terms:
- One time or two time close options
- Fixed interest rate
- Up to 95% LTV of appraised value
- Local underwriting- close in as little as two weeks
- Up to 12 month term
Renovation/Remodel Loans
- Loans for when you’ve found a lot but aren’t ready for construction
- Lots should be developed and not bare land
- Competitive rates and terms
For more information on construction and lot loans, please contact us at (801) 260-7600 ext. 5340.
Lot Loans
- Loans for when you’ve found a lot but aren’t ready for construction
- Improved lots
- Up to 80% financing
- Discount on construction loan with previous lot loan
For more information on construction and lot loans, please contact us at (801) 260-7600 ext. 5340.
Contact our team at 801-260-7600 ext. 5340 or construction@cypruscu.com
The rail navigation utilizes arrow, enter, escape, and space bar key commands. Left and right arrows expand / close menus in sub levels. Up and Down arrows will navigate through top tier links. Enter and space opens menus and escape closes them as well. Tab will move on to the next part of the site rather than go through menu items.
Links from the Cyprus Credit Union web site to other web sites are provided solely as a convenience to visitors.
If you use these links, you will leave the Cyprus Credit Union web site.
The Credit Union does not have any responsibility or control over any of these external web sites, their content or their privacy policies. We do not endorse or make any representations about third-party external web sites, including any information, products, materials or results that may be obtained from using them.
If you decide to access any of the linked third-party web sites, you do so entirely at your own risk. You are encouraged to review the privacy notice for each linked web site.
The Credit Union does not have any responsibility or control over any of these external web sites, their content or their privacy policies. We do not endorse or make any representations about third-party external web sites, including any information, products, materials or results that may be obtained from using them.
If you decide to access any of the linked third-party web sites, you do so entirely at your own risk. You are encouraged to review the privacy notice for each linked web site.
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Please do not send any personal financial information via Email.
E-mail transmission cannot be guaranteed to be secure and information
could be intercepted, lost, or contain viruses.