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Financing your new home doesn’t have to be complicated. With a Skowhegan Savings construction loan, you get one simple loan, local guidance, and flexible financing to make your vision a reality.
Single close construction loans
Up to 95% financing
Lower payments while you build
Local
expertise
Quick turn
around times
With our construction loans, you’ll enjoy single-close convenience that finances both your construction and your mortgage in one streamlined loan. We offer up to 95% financing to help cover more of your costs with competitive options, and you’ll benefit from lower payments while you build with interest-only payments during construction. Our local team understands the Maine market and works closely with you every step of the way — making decisions quickly so you can stay on track with your project.
Want to learn more about your options to build your dream home? Contact us and one of our local construction loan experts will be happy to answer all of your questions!
Speak to your lender about General Contractor and cost overrun requirements.
“Jessie was extremely patient, knowledgeable, responsive and friendly. I really enjoyed working with her.”
- Patrick, Skowhegan Savings Customer
"I had the best experience ever with the loan process! I am so happy and satisfied with the service I received from everyone."
- Cherylann, Skowhegan Savings Customer
“Amanda was great to work with. She kept me informed at every step and explained things clearly.”
- Noelle, Skowhegan Savings Customer
© 2026 Skowhegan Savings | Member FDIC l Equal Housing Lender
Routing Number: 211274476
NMLS 499932
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You will be linking to another website not owned or operated by Skowhegan Savings Bank. Skowhegan Savings Bank is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by Skowhegan Savings Bank of any information in any hyperlinked site. We encourage you to review their privacy and security policies which may differ from Skowhegan Savings Bank.
If you "Proceed", the link will open in a new window
You will be linking to another website not owned or operated by Skowhegan Savings Bank. Skowhegan Savings Bank is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by Skowhegan Savings Bank of any information in any hyperlinked site. We encourage you to review their privacy and security policies which may differ from Skowhegan Savings Bank.
If you "Proceed", the link will open in a new window
You will be linking to another website not owned or operated by Skowhegan Savings Bank. Skowhegan Savings Bank is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by Skowhegan Savings Bank of any information in any hyperlinked site. We encourage you to review their privacy and security policies which may differ from Skowhegan Savings Bank.
If you "Proceed", the link will open in a new window.
You will be linking to another website not owned or operated by Skowhegan Savings Bank. Skowhegan Savings Bank is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by Skowhegan Savings Bank of any information in any hyperlinked site. We encourage you to review their privacy and security policies which may differ from Skowhegan Savings Bank.
If you "Proceed", the link will open in a new window.
You will be linking to another website not owned or operated by Skowhegan Savings Bank. Skowhegan Savings Bank is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by Skowhegan Savings Bank of any information in any hyperlinked site. We encourage you to review their privacy and security policies which may differ from Skowhegan Savings Bank.
If you "Proceed", the link will open in a new window.
You will be linking to another website not owned or operated by Skowhegan Savings Bank. Skowhegan Savings Bank is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by Skowhegan Savings Bank of any information in any hyperlinked site. We encourage you to review their privacy and security policies which may differ from Skowhegan Savings Bank.
If you "Proceed", the link will open in a new window.
You will be linking to another website not owned or operated by Skowhegan Savings Bank. Skowhegan Savings Bank is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by Skowhegan Savings Bank of any information in any hyperlinked site. We encourage you to review their privacy and security policies which may differ from Skowhegan Savings Bank.
If you "Proceed", the link will open in a new window.
You will be linking to another website not owned or operated by Skowhegan Savings Bank. Skowhegan Savings Bank is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by Skowhegan Savings Bank of any information in any hyperlinked site. We encourage you to review their privacy and security policies which may differ from Skowhegan Savings Bank.
If you "Proceed", the link will open in a new window.
You will be linking to another website not owned or operated by Skowhegan Savings Bank. Skowhegan Savings Bank is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by Skowhegan Savings Bank of any information in any hyperlinked site. We encourage you to review their privacy and security policies which may differ from Skowhegan Savings Bank.
If you "Proceed", the link will open in a new window.