LP – Construction Loans

YOU’RE READY
TO BUILD.
WE’RE READY
TO HELP.

about construction loans

The ‘build your home exactly how you like it’ solution.

At ASB, we’ve got loan terms and customization to fit your vision. Work with one of our lenders to create your tailored lending solution.

Whether you’re just starting, or your project is well underway, our construction loans will meet you where you are. Our lenders are ready virtually or on site to help with local decision making and loan servicing. We understand residential needs and will work with you to create your ideal solution. And you can convert your Construction Loan into a Permanent Mortgage when your build is complete- giving you the security you need for years to come.

Interest-Only Payments during the 12 month construction period*

Customized Disbursement Schedule

Various Fixed Rate Repayment Terms

Contact A Lender

GET IN TOUCH

Our Mission

Offering Construction Loans is just one part of our commitment to build our local community by providing the best solutions to support our individual customers and local businesses. We are and have always been driven by helping build relationships and dreams – and solving financial challenges since 1867.

A Solutions Bank

Athol Savings Bank was founded in 1867 by a group of men in Athol, MA who wanted to establish a local savings bank that would offer financial deposit and lending services to the residents of the small New England town. Athol Savings Bank developed a reputation of being a small-town friendly bank in the community it served.

Today, ASB is a mutual savings bank; we answer to our customers not shareholders. Staying true to our core values has enabled us to maintain the same small-town friendly banking environment that was born over 150 years ago. We put the customer first which allows us to build a tradition of integrity and trust that few others can match. We embrace a future that includes adapting to changing times, planned and purposeful growth and continuous improvement.

Our goal is to be the financial foundation in our community; working harder, reaching higher and delivering strength, stability and security to our customers. As we move forward, Athol Savings Bank is committed to being “A Solutions Bank” for our customers and the communities we serve.