Construction Loans

A construction loan is a short-term draw note, typically 6 to 12 months in length, used to fund the cost of building a home or business facility. The construction project is used to secure the loan. Monies are advanced as work is completed. Construction loans are made to both individuals and contractors. When you secure a construction loan from PB&T Bank, you can expect personal, friendly and individual service, competitive rates and weekly draws.

When you are serious about building, you need a community bank.

PB&T has a history of providing reliable loans and banking services. When it comes to your construction project, you need a bank that understands your needs. Our longtime community presence gives us nuanced insight into local construction projects. Call 1-888-728-3550, send us an email or visit one of our locations for more information on our construction financing.

What you need to apply

To apply for a construction loan at PB&T Bank, you must be at least 18 years or older and provide the following documentation:

  • Date of Birth
  • A Social Security Number or Tax Identification Number
  • A U.S. residential street address
  • State-issued driver’s license or identification card, passport or military ID
  • Verification of Income (pay stubs, W-2s, tax returns, etc.)
  • A completed, signed application

How to Apply for Construction Loan Financing?

Step 1

Choose a building site.

Step 2

If using a contractor, identify floor plan and building costs.

Step 3

Call PB&T Bank at (719) 545-1834, toll-free at 1-888-728-3550 or call your local branch.

Want to learn more? Call 1-888-728-3550, send us an email or visit one of our locations for more information.