Construction Loans That Build Confidence from the Ground Up

Your dream home starts with a solid foundation and the right financing to match. Explore flexible new construction loans that help bring your blueprint to life.

Build smarter with Luminate’s construction loan options.

Whether you’re working with a builder, designing a custom home, or renovating a property from the studs up, you need a loan that’s built around your timeline and goals. At Luminate Bank, we offer construction-to-permanent loans, one-time-close, and two-time-close programs that help simplify the process and reduce your stress.



We’ll help you understand the difference, choose the right structure, and walk you through every step until move-in day.

What is a construction loan?

A construction loan is a short-term loan used to finance the building of a new home or major renovation. Once construction is complete, the loan is either paid off or converted into a permanent mortgage, depending on the loan type you choose. At Luminate, we offer:


One-Time-Close Loans

A single loan that covers both construction and your permanent mortgage. You’ll close once, lock your rate early, and reduce fees and paperwork.


Two-Time-Close Loans

Separate loans for construction and your long-term mortgage. This gives you added flexibility, especially if you’re unsure of your permanent financing needs upfront.


Construction-to-Permanent Loans

Also known as “C2P,” these loans transition seamlessly from a new construction loan into a standard mortgage after your home is built—no second closing needed.

Do you qualify for a construction loan?

We’ll help you determine which option fits your build and budget best—whether you need a construction-to-permanent loan, new construction loan, or a two-time-close alternative. You’ll typically need:


  • A licensed builder and signed contract
  • A solid credit score and manageable debt-to-income ratio
  • Verified income, assets, and down payment funds


Not sure what you need? No problem! We’ll guide you from plans to keys.

Why choose a construction loan from Luminate?

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Rate Protection

Lock in your permanent rate before or during the build process.

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Streamlined Process

With one-time-close options, you can finance everything from dirt to drywall under one approval.

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Flexible Terms

Choose from fixed or adjustable-rate options and a range of loan terms.

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Loan Officer Expertise

Our construction specialists understand the unique ins and outs of building loans and timelines.

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Local Builder Relationships

We work directly with trusted builders and contractors to keep everything on track.

Still exploring construction loan options?

At Luminate Bank, we believe the building process should be exciting, not overwhelming. We’ll bring clarity, transparency, and a whole lot of peace of mind to your project.


Let’s build something incredible together.

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