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Construction Loans

You’ve searched Alden, Lancaster, and the greater Buffalo area, but you haven’t found the perfect home. Take matters into your own hands with a construction loan. Alden State Bank allows you to act as your own General Contractor — with no short list of qualified builders to choose from!

We offer competitively low rates and a quick, simple draw schedule to meet your needs at every stage of the build. Plus, you’ll have the option to convert to a permanent mortgage upon completion, saving you thousands in closing costs. 

  • Competitively low rates for your home construction project
  • Available for primary residence or second home construction
  • Provides more convenience, especially toward the end of the construction phase and the beginning of permanent mortgage
  • Construction draws applied in stages based on work completed
  • Local decision-making and processing in Western New York
  • Attentive, friendly service from start to finish