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A Helpful Rate Option for Eligible Construction Loan Borrowers

July 6, 2026

As you plan your home build, changing interest rates may be one of the many factors on your mind. At MVSB, caring for our customers means helping you understand your options, plan with confidence and feel personally supported from the first conversation through the final stages of financing.

To provide additional peace of mind during the construction lending process, we offer a one-time construction loan rate float-down option for eligible borrowers. This benefit may allow qualified construction loan customers to lower their permanent loan interest rate if market rates decline after construction is complete.

With this one-time rate float-down option, eligible borrowers have added flexibility during the first six months of permanent financing. If available, the option may help you take advantage of improved rate conditions without starting over—offering a thoughtful way to move forward with greater confidence as your loan transitions from construction to long-term home financing.

“Construction financing can feel complex, especially when market conditions are changing,” said Lauren Young, Vice President, Residential Mortgage Sales Officer. “Our role is to provide guidance, answer questions and help borrowers understand the tools that may be available to them. This option is one more way we can support customers as they build a home and make decisions for their future.”

Because eligibility requirements and loan terms vary, we encourage you to connect with our Home Lending team early in the process. We can review the details with you, explain how the option works and help determine whether it may be available for your construction loan project.

Terms and conditions apply. Eligibility is subject to approval and availability. Interest rates and loan programs are subject to change.