Construction Loans

Excitement is building!

When choosing to build your dream home, you may need to finance the construction phase. Cobalt Credit Union can finance the construction of real estate that you already own or are buying. Be prepared with our Application Checklist.

Features & Benefits


• Competitive fixed interest rate
• Customized loan terms of 12-18 months.
• Flexible amounts of construction financing that depend on the permanent limits of prior loan approval.
• Lot financing is also available.
Contact us for more information.

• Monthly payments of interest only during the construction phase.
• The construction loan is serviced locally by experienced and knowledgeable professionals
• Peace of mind with prior approval of permanent loans in advance and the 12 month True Blue lock

The property must be the borrower's primary residence and be located
within 100 miles from any Cobalt Credit Union branch.



Extended Lock Program Cobalt's True Blue Price Protection allows you freedom to see how your new house is built without worry of seeing interest rates.

Our construction lender will guide you through the financing process.

Wendy Walker

NMLS ID: 1569933

If you cannot see the form, please click here.