BUILD

Building Your Dream Home?

Building Your Dream Home?

Lake Area Mortgage makes financing easy with our Single-Close Construction Loan – one loan, one set of closing costs.

One Set of Closing Costs

Lake Area Mortgage’s construction loan offers an all-in-one financing feature for your construction, lot purchase, and permanent mortgage funding with one closing. This can significantly reduce your total closing costs.

In-House Underwriting

With our processing, underwriting, and closing departments working in-house, we strive to ensure that your loan process will be faster, more flexible, and more streamlined than with other lenders.

Extended Rate Locks Available

Give yourself peace of mind during the planning process with protection against future interest rate risk.

Simplified Draw Process

Our quick and seamless draw process requires less documentation.

One Application & Approval

No need to re-qualify – simplifying and consolidating the construction and purchase process.

COMPARE YOUR LOAN OPTIONS:

Review and compare our available home loan options!

© Copyright 2026 – Lake Area Mortgage®, a division of Royal Credit Union – NMLS ID# 543781  

1200 West County Road E, Suite 200 | Arden Hills, MN 55112
Phone  : (651) 209-2900 | Fax: (651) 209-2929