Construction Loans - StonehamBank

Important Notice for Stoneham Branch

Our Stoneham Branch continues to be impacted by the ongoing culvert construction project on Montvale Ave. Access to the branch remains open during this construction period. To ensure you stay up to date on any changes or developments, we encourage you to check for the latest update here. We apologize for any inconvenience this construction project may cause and appreciate your understanding and patience. If you have any questions, please feel free to reach out to our Customer Contact Center at 888.402.2265.

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?

Make an Appointment

Contact Us

Visit a Branch

Video Banking