Our Oak Creek branch at 6400 S. 27th St. is closed for remodeling, please continue banking with us online or at our grocery store location next door (6462 S. 27th St.).

Construction & Land Loans

Let’s Build Something Together

No one knows Southeastern Wisconsin like Tri City. We’d love to help you find a place in our community to call home. After all, this is our home too!

Our construction and land loans feature competitive rates, flexible terms and local service.

Meet Your Lenders


Easy One-Closing Construction Loan

The construction loan has different adjustable-rate mortgage (ARM) terms to choose from. It is a combination of a fixed-rate construction draw loan followed by an adjustable-rate permanent mortgage. You’ll have only one loan closing and pay closing costs one time.  While the interest rate during the permanent phase is adjustable, the loan has caps that limit how much the rate may change both annually and over the life of the loan.

During the construction phase, your monthly payment will consist of interest on the funds drawn along with any escrow payments required for insurance and property taxes. After construction is complete, you will begin paying your full monthly mortgage payment, including principal, interest, taxes and insurance.

If you choose to refinance into a fixed-rate loan after construction is complete, we may be able to reduce your closing costs.

Bridge Loan

Remain in your current home and access the equity to buy or construct a new home. A bridge loan is a short-term loan with monthly payments of interest on the drawn funds, along with any escrow payments required for insurance and property taxes. When your existing home sells, the net proceeds of the sale are applied to the bridge loan, and then you refinance the remaining balance into a permanent mortgage loan.

Residential Lot Loan

This financing option is for borrowers purchasing fully developed residential lots for the eventual construction of their primary residence. The lot should be approved for septic and well if it will not have public sewer and water service.

Loan Calculator

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