Building Your Dream Home with Baessler Homes & Points West Community Bank
At Points West Community Bank, we believe that building your home should be an exciting and seamless experience. That’s why we’re proud to partner with Baessler Homes, a trusted homebuilder with a strong reputation for quality and craftsmanship. As Baessler’s recommended lender, we offer tailored construction-to-permanent financing solutions designed to simplify the homebuilding process while keeping your costs down.
The Simplicity of Construction-to-Permanent Financing
With Points West, you can finance both the construction and permanent mortgage with a single transaction – a one-time close. This means fewer fees, less paperwork, and a smooth transition from building your home to moving in.
Key Benefits:
✅ Up to 75% Loan-to-Value (LTV) Financing – Based on cost and appraisal
✅ 12-Month Construction Phase – Variable rate financing with interest-only payments
✅ Seamless Transition to a Traditional Loan – Upon completion, your loan converts to a permanent mortgage
✅ Flexible Loan Terms – Amortizations up to 25 years, with fixed-rate options up to 5 years
✅ Cost Savings – The same appraisal, title work, recording, and origination fee cover both phases, reducing out-of-pocket expenses
✅ Competitive Origination Fees – Keeping your financing affordable
How It Works
- Construction Loan Phase
- Interest-only payments based on funds drawn
- Rate floats daily with Prime Rate
- Permanent Loan Phase
- Converts automatically after construction
- Fixed-rate options available based on market conditions
- Monthly principal & interest payments (taxes & insurance not escrowed)
Why Choose Points West?
Since 1906, Points West Community Bank has been a trusted financial partner, offering personalized lending solutions with a community-first approach. As a locally owned and operated bank, we specialize in construction financing and understand the unique needs of homebuilders and buyers.
When you finance your home with Points West, you’re not just getting a loan—you’re gaining a financial partner who is committed to making your dream home a reality.
Ready to get started? Connect with our lending team today to learn more about your financing options.