Collins Community Credit Union

Construction Loan

Ready to build your dream home?

Are you daydreaming of a new home with the perfect layout, your dream kitchen, and a yard with a fence for the dog to run? If you're ready to build your dream home we've got you covered from the ground up with a construction loan. 

How it Works:

A construction loan is a short-term loan to fund the construction of your new home. During construction, you make interest-only payments to the Credit Union on the outstanding balance of the construction loan until the home is complete. Once construction is completed, your construction loan can then be refinanced into a long-term mortgage.

Lock in your end loan rate up-front!

Our extended rate lock option lets you lock your long-term mortgage during construction, protecting you from rising rates, letting you focus on what truly matters - your new home.


Call the Home Team at 833-759-4772. If you're ready to get started, find a Loan Officer near you or apply today


As little as 5% down payment required


Interest-only payments during construction


One time float down rate option

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Flexible terms

So go ahead, dream big, and make your dream home a reality! For more information about residential construction loans, contact one of our knowledgeable Real Estate Loan Officers

NMLS Registry Information for Collins Community Credit Union Mortgage Loan Originators

What's New

  • 2022 Virtual Annual Meeting

    07 October 2022
    Collins Community Credit Union's Annual Membership Meeting will be held virtually on Wednesday, November 9, 2022 at 5:30 p.m. CST. We can't wait to have you join us! Learn More
  • New Credit Card Management System Coming Soon!

    06 September 2022
    We're pleased to share we will be launching a new, easy-to-navigate system for accessing and managing your credit card information. Learn More
  • Online Safety: Zelle Fraud Alert

    07 July 2022
    Recently, there has been an uptick in the number of scams targeting users of person-to-person payment systems like Zelle. It's important that our members are educated and aware of these scams in order to avoid falling victim to their latest tricks. Learn More
  • 1st Avenue Branch Relocating Soon

    15 April 2022
    Collins Community Credit Union is pleased to announce its new full-service branch, located at 1800 1st Avenue NE, will open on Monday, April 25, 2022. Learn More
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