UCCU (Utah Community Credit Union)

One Closing, One Loan, Less Hassle

UCCU's construction loans stand out for the one-time close option — you go through approval and closing once, and the construction loan automatically converts to a permanent mortgage when the build is complete. That saves time and avoids a second round of closing costs.

The ConstructionPerks Take

We think UCCU is best for: Homeowners and builders in Utah County who want simple, flexible construction financing with low down payments and local service.

One thing to think about is the 5% down payment option. Most construction loans require 20%, so UCCU's lower threshold opens doors for more borrowers.