Our construction Lending Department continues to be the largest division in our Bank! Butler Bank has maintained a solid reputation for supporting construction and real estate lending since 1901.
We are one of the most reputable construction lenders in New England and obtain approximately 75% of our business from referrals. Our support of builders and customers throughout New England has given us the experience needed to provide personalized and creative financing programs for our customers. We offer a variety of financing programs; each tailored to meet the specific requirements of both the individual homeowner and builder.
Financing Programs available are:
- Builder Construction Loans
- Construction-to-Permanent Loans
- Land Acquisition Loans
- Investment Property Loans
- Land Development Loans
- Subdivision Loans
- Spec Loans
- Bridge Loans / Blanket Loans
- Building Construction / Commercial Real Estate Loans
Some of our financing advantages include:
- We advance disbursements within hours.
- We close loans quickly.
- We drive to you.
- We are fast, efficient, flexible, and creative.
- We "pre-approve" quickly.
- We support you through the term of the project and respond quickly to needed extensions and renewals.
- We offer an interest-only option for the borrower for the initial construction period.
- We work hard to create competitive financing options to satisfy your project goals.
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