Construction Loans - StonehamBank

Please vote on June 25th

The Bank will be conducting a Special Meeting of Depositors for the purpose of reorganizing from a Mutual Co-operative Bank to a Mutual Holding Company structure.The meeting will be held on: Thursday, June 25, 2026 at 8:30am at the Marriott Courtyard Unicorn Park 700 Unicorn Park Drive Woburn, MA 0180. The polls will remain open until 5:30pm. READ MORE

We're excited to announce our new branch opening at 25 Main Street - North Reading.
READ ANNOUNCEMENT

Construction Loan Options

Builder / Developer Program
Competitive programs are available for area builders dealing in the construction or rehabilitation of single and multi-family residential housing units, as well as for the development of residential subdivisions.
Construction to Commercial Permanent Loans
Benefit from a commercial construction and permanent loan with only one set of closing costs. Pay interest-only during the construction period and then payments will convert to principal and interest upon completion of construction. New construction and rehabilitation programs are offered. A licensed general contractor is required.

All products and fees subject to change without notice. Subject to credit approval.

Earn Rewards for Yourself and your Business

Business Credit Cards Personal Credit Cards

Optimum Banking Benefits Everyone

Optimum One Checking Optimum Plus Checking Optimum Student Checking

Construction Loans

How to Apply

Find Your Lender

Our Additional Lending Accounts

Term Loans | Franchise Remodeling Financing

Questions?

Contact Us

Visit a Branch

Video Banking