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ConstructionUse construction loans to build your business property, apartment building or housing tract.
- Up to 75% of construction costs including land
- Borrower must have 25% equity in project as per NCUA rules
- Minimum $10,000 loan amount
- 12 month term
- Taken out by lender
~Interest rates on variable rate business loans are tied to the Prime rate and are adjusted quarterly (SBA Loans adjusted monthly).
All loans are subject to approval. Maximum financing and rates may vary as determined by your credit profile. All rates and policies are subject to change without notice.
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Disclaimer: AltaOne Federal Credit Union is not responsible for the privacy practices or the content of web sites which we may provide an access link. While all efforts are made to maintain the accuracy of information presented on the AltaOne Federal Credit Union web site, we cannot guarantee that all information is current. The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with the residents of California. Securities offered through LPL Financial, member FINRA / SIPCI Insurance Products offered through Private Ledger Insurance Services of California, Inc. & its affiliates. [Not NCUA Insured | No Credit Union | Guarantee May Lose Value] Please contact the Credit Union Call Center directly for the most current information at
(760) 371-7000 or toll free (800) 433-9727
701 South China Lake Blvd. Ridgecrest, CA 93555 |
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| All Rights Reserved. Copyright© 2008 AltaOne Federal Credit Union. |
