Wells Federal Bank
Southern Minnesota's Hometown Bank

Branch Offices Mortgage Calculator News Contact Us

Services offered

Deposits

Checking
Savings
CDs
IRA Accounts
Direct Deposits

Loans

Home Mortgage
Construction Loans
Home Improvement
Home Equity Line of Credit
Ag Real Estate
Credit Cards

Construction Loans

Building your new home involves many important decisions. Get your project off to the right start with the right loan from Wells Federal - the only loan your new home will ever need.


Features:

  • Construction and permanent loan combined
  • Only one closing required
  • Pay closing costs only once
  • Disbursements as work is completed
  • Pay interest only during construction period

Requirements:

  • Need Final house plans and total contractor bids for completion
  • Mortgage must be filed before construction begins


NOTICE:  Loan Services are only available throughout the bank's regular service area. Contact the bank for specific information regarding this service area.
HOME