Construction-to-Permanent Loans

Save time and money while building your dream home

One loan, one closing, one choice — Coastal.

Build or renovate your dream home with our Construction-To-Permanent financing.

Coastal’s Construction-to-Permanent financing gives you three ways to build your dream home:

  • Finance the construction of a new home on your own lot
  • Finance the purchase of a lot and construction
  • Cover the cost of major renovations to your existing home


Save time and money. Our Construction-To-Permanent financing saves you time and money. With one loan and one set of closing costs, the number one choice is Coastal

Only 10%25 down payment Only 10% down payment

Local relationships Local relationships (we handle all of the closing/processing locally)

Free guide Get our free guide: Construction-to-Permanent Financing Guide 

Questions? Contact us today to get started.

Kari Rudolph's page

Kari Rudolph
Construction Loan Officer

Office: 919-882-6981
Mobile: 919-412-1230

Seth Moody's Page

Seth Moody
Construction Loan officer

Office: 919-882-6950

Andy Brim

Andy Brim
Residential Construction Loan officer

Office: 919-247-4677

Earn more cash back when you shop.

Frequently Asked Questions

With a fixed-rate mortgage, the interest rate stays the same during the life of the loan. With an adjustable-rate mortgage (ARM), the interest changes periodically, typically in relation to an index. While the monthly payments that you make with a fixed-rate mortgage are relatively stable, payments on an ARM loan will likely change.

If everything seems to be in good standing on your application, you will be able to obtain a pre-qualification letter. Although it is not necessary to be pre-qualified, it is highly recommended before making an offer. It demonstrates to both you and to sellers how much house you can afford. It can be frustrating for both buyers and sellers to agree upon an offer, only to find out the buyer is unable to qualify for it.

Pre-qualification is based solely on the data you give in your loan application. From this information, your lender can provide a ballpark estimate of how much you can borrow, but your pre-qualified amount isn’t yet a definite thing. Pre-approval is a commitment in writing for an exact loan amount, after your lender has taken a closer look at, and verified, your financial situation and history.

There is no simple formula to determine the type of mortgage that is best for you. This choice depends on several factors, including your current financial picture and how long you intend to keep your house. Coastal Credit Union can help you evaluate your choices and help you make the most appropriate decision.

As a first-time buyer, the first step in purchasing a home is to determine what exactly you can afford. By using one of the several calculators on our website, you will be able to figure out affordability in relation to finances, credit score and other information.

All loans are subject to approval.

* - Minimum deposit of $100 required to open an account. Fees may reduce earnings.

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