Nebraska Construction Loans | Build Your Dream Home Funding

Nebraska construction loans offer comprehensive financing to help you build your dream home from the ground up, with interest-only payments during the construction phase. Whether you’re working with a production builder or a custom home builder, the right construction loan can turn your vision into reality. If you’re planning to build in Lincoln, Omaha, or anywhere across Nebraska—and your builder is not securing the construction loan on your behalf—these loans provide the flexibility and support you need throughout the entire building process.

Frequently Asked Questions

How much down payment do I need for a construction loan in Nebraska?

Typically 10-20% of the total project cost (land + construction). Your down payment can go toward land purchase or be paid at closing. Higher down payments often result in better terms.

Do I make full mortgage payments during construction?

No. During the 6-12 month construction phase, you make interest-only payments on funds that have been drawn. Full principal and interest payments will begin with the permanent financing.

What if construction costs more than expected?

Cost overruns typically would be paid from your own funds. Lender may require cash reserves.

Can I be my own general contractor on a construction loan?

Some lenders allow owner-builder loans but require higher down payments (25%+), previous construction experience, and very detailed plans. Most borrowers find working with a licensed builder easier and less stressful.