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CORPORATE OFFICE

Level One Bank

32991 Hamilton Ct.
Farmington Hills, MI 48334
Phone: 248-737-0300

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MORTGAGE LOAN PRODUCTION OFFICE

Level One Bank

2750 South State Street
Ann Arbor, MI 48104
Phone: 734-794-5225

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BANKING CENTERS

BIRMINGHAM

Level One Bank

1732 West Maple Road
Birmingham, MI 48009
Phone: 248-723-4800

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BLOOMFIELD TOWNSHIP

Level One Bank

37100 Woodward Avenue
Bloomfield Township, MI 48304
Phone: 248-530-7401

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DETROIT

Level One Bank

1420 Washington Boulevard
Detroit, MI 48226
Phone: 313-309-9980

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FARMINGTON HILLS

Level One Bank

30095 Northwestern Highway
Farmington Hills, MI 48334
Phone: 248-865-1300

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FARMINGTON HILLS

Level One Bank

31000 Northwestern Highway
Farmington Hills, MI 48334
Phone: 248-538-7600

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FARMINGTON HILLS

Level One Bank

30201 Orchard Lake Road
Farmington Hills, MI 48334
Phone: 248-737-1110

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FERNDALE

Level One Bank

22635 Woodward Avenue
Ferndale, MI 48220
Phone: 248-414-6500

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Grand Rapids

Level One Bank

2355 Burton St. SE
Grand Rapids, MI 49506
Phone: Coming Soon

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NORTHVILLE

Level One Bank

20550 Haggerty Road
Northville, MI 48167
Phone: 248-380-6590

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NOVI

Level One Bank

44350 W. 12 Mile Road
Novi, MI 48377
Phone: 248-735-1000

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STERLING HEIGHTS

Level One Bank

43683 Schoenherr Road
Sterling Heights, MI 48313
Phone: 586-412-1800

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Call Us : 888-880-5663

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Construction and Renovation Loans

Construction Loan

When you are ready to contract with a licensed builder for the construction of a new home, a construction loan can help finance the building costs.

Benefits

  • Loan amounts up to $1,500,000
  • Financing available for new purchase, refinance, or renovation of an existing home
  • Finance up to 90% of the sale price or your home's "to-be-completed" value
  • Build on your lot or purchase a lot in conjunction with your construction financing
  • Single, one-time closing
  • Interest only payments during the construction period
  • Local underwriting and servicing, local mortgage bankers, and quick turnaround times for your project

Renovation Loan

A renovation loan provides financing for home improvement and remodeling initiatives for an existing home.

Benefits

  • Update your home to reflect the latest design trends
  • Expand your home to accommodate new bedrooms, bathrooms, and more
  • Incorporate handicap accessibility or energy efficiency improvements
  • Remodel to potentially increase the value of your home

Get Prequalified

Contact Us


All loans are subject to credit approval. Programs are available only to qualified borrowers. Not all applicants will qualify for all program benefits. Please contact Level One Bank to learn more about the product highlights and the eligibility requirements. Programs are subject to change without notice. Underwriting terms and conditions apply. Some restrictions may apply. Construction Loans: Construction periods vary by project size. Renovation Loans: Minimum of $5,000 in permanent non-cosmetic repairs required to qualify.

Need help?

Contact our team of financial professionals to learn more about our products and services.


24/7 Customer Support

Call or chat with a real person. Nights, weekends and most holidays.

Thank you for visiting https://www.levelonebank.com/Personal/Mortgage-Lending/Loan-Options/Construction-and-Renovation-Loans
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