LOG & TIMBER HOME LOANS

Do you need a loan to help you buy your log or timber home? You're not alone. Approximately 80 percent of homebuyers finance their purchase to some degree.* The bulk of these loans are for existing, conventional construction, but we know there's nothing conventional about wanting, buying or building a log and/or timber-framed home.

You need a lender who not only understands this unique process, they want to help you fund it.

The Federal Savings Bank is that lender, and that's why we at Log & Timber Home Living have partnered with them to bring you LOG & TIMBER LOANS.

Securing a construction loan is a different animal than applying for a typical mortgage, regardless of the type of house you build. A lender incurs more risk for a structure that's not complete, which is reflected in how the money is disbursed (via "draws") and the interest rates that are attached to the funds.

In conventional construction, these draws are paid when materials are delivered to the site and/or labor milestones have been achieved.

In log and timber-framed construction, the log/timber provider expects to be paid at least a portion of the package price to cut the materials — not after they're cut and shipped.

This is something big banks and most small community lenders just aren't willing to do.

Here's what you get by choosing LOG & TIMBER LOANS:

• An FDIC-insured bank — not a broker — that can write loans in all 50 states, as well as VA loans
• A lending partner throughout the construction of a new home
• Mortgages and re-finance loans for existing homes
• Financing for home renovations
• 1x and 2x close, construction-to-permanent loans and jumbo loans
• Decades of experience working with custom log and timber homebuyers, just like you, as well as log/timber producers themselves

Click below to begin the pre-qualification process.

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