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Bank Owned Properties

We've Built The Best Construction/Permanent Mortgage


Building a new home? Finance both the construction and permanent mortgage simply and easily with a Construction/Permanent Mortgage from Third Federal.  


A Third Federal Construction/Permanent Mortgage has all these advantages:  

  • Take 12 months to build
  • Always low rates, locked in when you apply
  • One loan for both construction phase and permanent mortgage
  • Five draws permitted during construction
  • Interest-only payments during construction
  • One closing - when construction is complete, your loan automatically becomes a conventional mortgage with no additional costs
  • Easy, convenient application process

Before you start construction, make sure we're part of the plans.  To apply by phone or to get our current Construction/Permanent Mortgage rates, call 1-800-844-7333.



NOTE: Construction/Perm loans are only available in select Ohio and Florida markets.

Ohio Mortgage Loans & Rates
Smart Rate Adjustable rates info
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Fixed Rate Mortgage rates info
Construction Loans rates info
Mortgage Bridge Loan rates info