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FDIC Secured

Residential Development and Home Building

Village-Bank-Business-Banking-Residential-Home-Building-Loans

Village supports local residential home developers with products and services designed for their unique needs. We offer a variety of financing options for purchasing land and lots as well as the home vertical construction.

Financing Options Available

  • Residential builder lines of credit and “stand alone” construction loans.
  • Land acquisition and development (A&D) loans.
  • Master note loan structure.
  • Flexible terms.
  • Local construction management.
  • Performance and financial letters of credit.

For more information on residential development and home building lending, contact Jeff Raihall at 804.419.8904.

Normal credit approval criteria apply. 

NOTICE TO CONSUMERS REGARDING MARYLAND LENDER LICENSEES: TowneBank Mortgage is licensed to engage in business as a Maryland Mortgage Lender and assigned a unique NMLS identifier number: 512138. The NMLS Consumer Access Website is linked here: https://www.nmlsconsumeraccess.org