Construction / Lot Loans

Construction workers building a house

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

  • Found the perfect location, but not the perfect house?
  • Family outgrown the house, but not the neighborhood?
  • Family moving back in and need a bigger space?
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

Home Banking

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