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course of
construction

Course of
Construction Loans are
available to qualified
members who want to build
their own spec homes. The
maximum loan amount is based
on a percentage of the
appraised value of the land
and house. Loans are written
for 12 months at a
competitive interest rate.
There are no points,
origination fees or hidden
charges on a Course of
Construction Loan at
Cumorah. Course of
Construction Loans are
disbursed by approved
voucher, and there is an
additional charge for
voucher control.
For a listing of
our current rates go to our Rates
Page or click
here .
To request
information about course of
construction loans click
here .
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