5 Best Construction Mortgage Lenders of 2021

Construction loans aren't offered by every mortgage provider. We've chosen home construction lenders that rank among the best in several categories.

NerdWalletMay 5, 2021
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Building a house or buying a new house that's currently under construction, rather than buying an existing home, provides an opportunity for some personalization — at the cost of a certain degree of difficulty. There are options to consider when financing the building phase, as well as for putting a permanent mortgage into place.

Finding an experienced and accommodating new construction lender is essential. NerdWallet has chosen these construction mortgage lenders as standouts.

Due to the coronavirus pandemic, getting a construction loan may be a bit of a challenge. Lenders are dealing with high loan demand and staffing issues that may slow down the process. Also, some lenders have increased their fees or temporarily suspended certain construction loan products. If you can’t pay your current home loan, refer to our mortgage assistance resource. For the latest information on how to cope with financial stress during this pandemic, see NerdWallet’s financial guide to COVID-19.

Last updated on May 5, 2021


NerdWallet's star ratings for mortgage lenders are awarded based on our evaluation of the products and services each lender offers to consumers who are actively shopping for the best mortgage. The five key areas we evaluated include the variety of loan types and products offered, online conveniences, online mortgage rate information, and the rate spread and origination fee lenders reported in the latest available Home Mortgage Disclosure Act data. To ensure consistency, our ratings are reviewed by multiple people on the NerdWallet Mortgages team.

To recap our selections...

NerdWallet's Best Construction Mortgage Lenders of 2021