Building a home is one of the most exciting yet intimidating projects you’ll ever experience; the construction loan and assembly of a new home from the ground up in Georgia entails thousands of details, numerous decisions, and multiple contractors and subcontractors to do their part in making your dream home become a reality. Over the past several decades, BankSouth has perfected the ability to work with our homeowner customers, their builders, realtors, and subcontractors to bring it all together.
We help from the first conceptual drawing and blueprint through the foundation, framing, and finishing with our construction loan management team. We’ll ensure that you have the best construction loan financing solution to suit your needs and help guide you through every layer of detail as your home’s construction progresses. When you wrap up construction, your Relationship Manager will guide you into a permanent mortgage that meets your needs perfectly.
We use industry-leading software to give you online access to the progress of your build. As construction progresses, you can approve the next draw against funds to keep the build on schedule.
Our expert construction financing team works with the progress inspectors, builders, and subcontractors to ensure that draw payments are made in a timely and efficient manner for you while providing you real-time access to review the progress.
Once your build is complete to nearing completion, our team of construction financing experts will help you determine the best options for your permanent mortgage.
Manage your construction loan, budget, payments, and inspections with simplified technology
We make it easy for you to pay your builder or contractors for their work and make draws from your construction loan after each phase of your new home construction is complete. Replace spreadsheets and manual formulas with our cutting-edge technology to stay on top of your construction and construction loan. BankLabs is a useful online tool to help you keep track of your home’s progress by requesting draws, viewing inspections, and receiving alerts.
Make your current home your dream home. Tap into the equity of your home or obtain a new loan to pay for your additions or renovations. BankSouth offers a variety of financing tools to help you achieve your goal. A conversation with one of our financing professionals is all it takes to get started.
BankSouth is pleased to work with the Lake Country’s real estate market leader* among all Realtors in the Lake Oconee area.
If you’re looking to find the perfect home for you and your family in the Lake Oconee area, contact the real estate agents at Coldwell Banker Lake Oconee Realty. Home finding, mortgages, and home loans – we’re here to serve all your needs in your home buying process.
( * Reader’s Choice Winner, 2012-2021, Lake Oconee Breeze)
Credit and collateral are subject to approval. Terms and conditions apply.