Cornerstone National Bank provides construction financing for both residential and commercial projects ranging from small residential room additions to large commercial and industrial developments. The Bank offers a variety of construction loan products with terms up to 2 years under interest only repayment schedules. Our loan programs are customized with a wide menu of alternatives that provide funding for the majority of your construction material and labor costs plus related "soft costs" incurred during the project development process. We offer a wide variety of loan structures and provide long term or "mini perm" end loan financing alternatives with various rate options.
Our experienced staff provides a high level of personalized service to ensure that your project financing runs smoothly and your contractor receives timely construction draw payments. We have completed numerous projects in our community and across Chicagoland, and we would welcome the opportunity to assist you with your next project.
For additional information and the terms and conditions of our Home Equity Loans, please contact our Construction Lending Team.