State Savings Bank

Online Banking Customers: Check your e-mail for a message from sent 8-24-22 to all online banking
customers regarding a
major change coming Oct. 24. If you did not receive an e-mail, click here to learn more .

If I own my lot/land, does my equity count towards my construction loan down payment?

Yes. The equity you have in the lot/land you want to build your home on counts towards the 20% down payment required for the construction loan.

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