Construction Loan

Build the home you've always dreamed of. Zions Bank offers two home construction loans and the Residential Lot Loan to help you build a home as unique as you are[cite::26::cite].

One-Time-Close New Home Construction Loan

Single-loan closing, a permanent loan, construction, and lot purchase are included in this loan. This means only one set of closing costs and loan documents.

Home Construction Conversion Loan

This loan offers you the option to convert the loan to a fixed-rate permanent mortgage after construction is completed.

Benefits of Home Construction Loans

  • Available for new home construction or major remodeling projects.
  • Low fixed rate during construction period.
  • Low down payment options available.
  • No maximum construction loan amount.
  • Initial construction phase has one extension available.
  • Construction disbursements to your builder are processed by Zions Bank.
discover the best home construction loan and rate for you

Eager to get started on your dream home? Contact your nearest Zions Bank® mortgage loan officer today to learn more about new home construction loans and get current rates.


Already applied for your home loan online? You can check the status of your application, online, anytime.

Residential Lot Loan

A Lotta Plot for Your Lot

It’s all about three things. Location, location, location. Use a Residential Lot Loan to purchase improved land. A lot loan is ideal if you’re constructing a primary residence or second home. And, you can borrow up to 65% on developed land.