Together let’s make it yours with a TCU construction loan!

• One-time close on construction loans

• Construction loans with build terms up to 24 months

• Fully staffed & responsive construction department

• Flexible builder-draw schedule

• Dedicated local draw process

• Bridge loans, end loans, and lot loans available

Julie Fair

NMLS #1264781

201 County Road 6 West Elkhart, IN 46514

Direct Line: (574) 236-3527

Cell: (574) 339-0525

Email: jfair@tcunet.com Website: tcunet.com/jfair

Peggy Milton

NMLS #740370

110 South Main Street

South Bend, IN 46601

Direct Line: (574) 236-3504

Cell: (574) 533-9441

Email: pmilton@tcunet.com

Website: tcunet.com/pmilton

©Teachers Credit Union. Equal Housing Opportunity. NMLS# 686706. All Credit Union loan programs, rates, terms, and conditions are subject to credit approval and may change at any time without notice. Subject to Membership requirements. APR = Annual Percentage Rate. The rate examples are current as of 3/1/2023 and are TCU’s best rate. Rates and terms vary depending on loan to value ratio, credit evaluation and underwriting requirements. PMI=Private Mortgage Insurance, flood and/ or property hazard insurance may be required. Payment examples do not include taxes and insurance premiums. Examples provided are for informational purposes only. Construction loans are construction-to-permanent, with construction period up to 24 months. Interest only payments during construction period. Fees may apply for extended rate lock. Builder qualifications subject to lender review. Payment example after construction assumes 20% down on a fixed-rate loan of $1,000,000 for 30 years at 6.875% rate (6.893% APR), will have payments of $6,569.29. Payment doesn’t include the interest-only construction phase period.