Aaron and Shana both work in the human services field, have limited construction experience and had never built their own home before, until they decided to take on a challenge and become their own general contractor.
They started the process in April of 2016, and they quickly realized that lining up financing was one of the first steps. They checked many financing options including local banks, large nationwide banks, and credit unions. Their realtor suggested HomeTown Bank in Le Sueur.
Aaron and Shana took their realtor’s advice and met with Margaret More, Assistant Vice President, at HomeTown Bank. She informed them of a low interest rate construction loan special. This was the most competitive rate Aaron and Shana found across the numerous lending options they considered.
They jumped at the opportunity and worked with Margaret throughout their home building adventure. “Margaret was very knowledgeable and helpful throughout the entire process. Over the next year, we worked directly with Margaret and various staff at HomeTown Bank. The customer service was second to none. They made our business a priority and always answered the phone and returned emails immediately when we had questions, or needed funds advanced.”
The construction phase is now complete, Aaron and Shana closed on their mortgage, and are enjoying their new home.
“We have the benefit of HomeTown Bank servicing our home mortgage, which saved a ton on loan closing costs. We are confident that they will take care of us and answer any question that comes up. If we have questions, we’ll give Margaret a call, and get the direct, personal customer service many other banks and mortgage companies don’t offer. HomeTown Bank continues to get our business, and we recommend them to all our friends and family.”
Taking on the challenge of building their own home was an adventure, and HomeTown Bank enjoyed supporting them along the way to ensure their financing was secure and hassle-free. If you are thinking about building a home or need a construction loan, contact your nearest HomeTown Bank branch to see how we can help.