
If you
are planning to have your home built, consider a First Federal Construction
or Construction-Permanent Loan. With a Construction Loan, you are only
charged interest on the funds as they are used. After the Construction
Loan, your costs for the First Federal Permanent Loan will be lower.
With a
Construction - Permanent Loan, you receive two loans for the price of
one. At the end of the construction phase, you automatically have your
permanent financing in place.
For more
information, contact
us or call us at 733-4222.