Important Details
One-Time Close Construction Loan

Are you ready to begin your better way home? Apply Now


It's the perfect time to buy or build a new home. Rates are at historic lows and the cost of a new construction home is especially attractive.

At Zions Bank, we're offering a low rate on new construction or major remodels. With this loan, you only have one closing. Don't delay any longer. Experience low rates with responsive turnaround times. Build or remodel your dream home now.

For up to 9 month
Construction period
For Permanent
30 year loan period
(rate is fixed for first 5 years
and may increase after that)
One-time Close Construction
to Permanent Owner Occupied
Adjustable Rate Mortgage


  • * Rates quoted are as of September 3, 2013; offer is subject to change anytime. Advertised 3.303% APR with 3.490% fixed rate for up to 9 month construction period and 3.500% variable rate (fixed for first 5 years) for permanent loan period is available. Rate may increase after consummation and is based on an index plus a margin. Important terms and conditions for advertised loan: 1) Permanent loan is a 30-year amortized, 5/1 ARM where the interest rate charged is based on a variable rate and is fixed for the first 5 years (no rate adjustments occur during this time frame) and adjusts annually thereafter for the rest of the loan period. 2) Best credit applies. 3) Collateral must be first lien, residential property located in Utah or Idaho and 20% down payment. 4) Standard fees apply (origination, appraisal, inspections, title policy, recording, etc). Information provided is based on estimated interest rates and loan fees; your actual APR and permanent loan rate may be different. Other rates, terms and products are available. Subject to credit and collateral approval; other terms and conditions apply. Contact Financial Center for details.
  • Payment information: Construction loan period (up to 9 months) - monthly payments of interest-only, calculated on the outstanding principal balance. Permanent loan period - (Payment examples are based on estimated information: Loan amount of $200,000, advertised variable rate of 3.500%) Initial 5 year monthly payment is $898.09, followed by 25 years of monthly payments that could be as high as $1,546.92. Payments do not include amounts for taxes and insurance and your actual payment may be higher.
Year Fixed
As low as
Rates as of   04/17/2014
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This page was last modified on Fri Apr 18 10:22:06 MDT 2014