It’s like two loans in one! WesBanco offers up to 12 months for construction with interest-only payments that convert to permanent financing.
Program Highlights:
✓ Competitive rates and terms – down payments as low as 5%*
✓ Interest charged only on the outstanding balance during construction
✓ Interest rate locked during the construction period
✓ Purchase or payoff the lot at closing
✓ Available as a jumbo mortgage
✓ Loan types: 5/1 ARM, 7/1 ARM, 10/1 ARM, 15/1 ARM
✓ Ask about our fixed rate options. Additional fees may apply.
* Loan-to-Values over 80% are subject to approval of Private Mortgage Insurance. All loans are subject to credit approval.
