Financing Options For Your Log Home
When looking to finance your log home, you should first stop at your local bank because they already know you and your financial history. However, if your local bank is not familiar with log homes, you should contact a company that specializes in financing log homes. Below are some companies that would be happy to work with you. Please have your bank contact us if they have any questions about our log homes.
CMG HOME LOANS
Jack Amarantes
Loan Officer
NMLS ID# 1833807
600 Main St., Suite #1
Walpole, MA 02081
Branch NMLS# 2477709
Phone # (508) 642-8785
jamarantes@cmghomeloans.com
Lending Area: MA
The Federal Savings Bank
Tom Coronato
Serving all 50 States
New Construction Specialist-Senior Vice President
NMLS#404587
320 King St., Ste. 200 | Alexandria, VA 22314
Cell (973) 229-7698
tcoronato@thefederalsavingsbank.com
Wells River Savings Bank
Roxanne Russell
Mortgage Loan Originator
NMLS#: 580213
PO Box 645
Wells River, VT 05081
Phone: 802-757-7986
Fax: 802-757-3250
Email: rrussell@wrsb.com
Website: https://wellsriversavings.com
Terry Allen
Mortgage /Commercial Loan Officer
NMLS#: 486326
PO Box 645
Wells River, VT 05081
Phone: 802-727-2008
Fax: 802-785-2985
Email: tallen@wrsb.com
Website: https://wellsriversavings.com
Lending Area:
Vermont - Caledonia Country, Orange County, and Windsor County
New Hampshire - Grafton County
Community National Bank
Cathy Hayes
103 Church Street
Barton, VT 05822
Phone: 802-487-3874
Email: chayes@communitynationalbank.com
Website: https://www.communitynationalbank.com
Envision Bank
Larraine M. Lencki
Senior Mortgage Originator
NMLS # 756112
1 Stiles Road ~ Suite 204
Salem, NH 03079
Direct: 617-925-1676
Cell: 603-867-8388
Email: llencki@envisionbank.com
Merrimack County Savings Bank
89 North Main St
Concord, NH 03301
Phone: 603-223-2793
Email: mortgages@themerrimack.com
Website: www.themerrimack.com
Lending Area: NH
Meredith Village Savings Bank
24 NH Route 25
Meredith, NH 03253
Phone: 603-279-9101
Email: mortgages@mvsb.com
Website: www.mvsb.com
Lending Area: NH
Normandy Corporation
Principal Business
46 Prince Street
Rochester, New York 14607
NMLS #: 71492
Phone: 585-256-2600
Toll Free: 800-390-7536
Fax: 585-256-2836
Email: info@normandy.com
Website: https://normandy.com
Normandy does not lend in: AZ, D.C., IL, LA, MN, NV, VT, or WI.
Loans available for owner occupied properties in the following states: CA, CT, DE, FL, IA, ID, MA, MI, NC, NJ, NY, OR, PA, RI, VA, WA
Loans available for non-owner occupied properties only: AK, AL, CO, GA, HI, IN, KS, KY, MD, ME, MS, MO, MT, NE, NM, OH, OK, SC, TN, UT, WV, WY
Northeast Credit Union
Pepper McGlone
Mortgage Loan Originator
NMLS #: 785696
PO Box 1240
Portsmouth, NH
03802-1240
Phone: 603-422-9884
Fax: 603-215-2947
Email: pmcglone@necu.org
Website: https://necu.org
Lending Area: NH, ME
Norway Savings Bank
Caleb Grover
Mortgage Loan Officer
NMLSR# 2117106
Norway Main Office
261 Main St, PO Box 347
Norway, ME 04268
(Office) 207.393.3610
(Cell) 207.515.1552
1.888.725.2207, Ext. 1012
Orrstown Bank
Greg Ebersole
Mortgage Originator
Construction Loan Specialist
NMLS#: 649873
1800 Fruitville Pike
Lancaster, PA 17601
Cell: 717-449-0043
Efax: 717-754-0114
Email: gebersole@orrstown.com
Website: www.orrstown.com/greg-ebersole
Lending Area: MD, PA, & WV
Savings Bank of Walpole
84 Marlboro St
Keene, NH 03431
Phone: 603-352-1822
Email: mortgages@walpolebank.com
Website: www.walpolebank.com
Lending Area:
NH: Cheshire County
VT: Windham County
TD Bank
Becky Ryll
Mortgage Loan Officer
NMLS#466493
Mailstop: NH2-027-000
28 Main Street, Jaffrey, NH 03452
M: 603-759-0998
Email: becky.ryll@td.com
Union Bank
Samantha Norrie
Assistant Vice President
NMLS #: 857571
76 Main Street
Littleton, NH 03561
Phone: 603-444-4739
Fax: 800-522-2950
Email: snorrie@unionbanknh.com
Website: https://www.ublocal.com
Learn More About Construction Financing
Click on the links below to learn more about Construction Financing and Loans.
Overview of Construction Financing
Guide to Construction Financing
Log Home Appraisals
Log Homes Council of the National Association of Home Builders
Appraising Log Homes
An overview of the log home industry and log home appraisals
Building With Your Own Money
Coventry Log Homes, Inc. recommends the use of a 3rd party inspection company during the building process to evaluate progress before paying each installment from your construction contract. All banks use this same process to ensure the work is being done in accordance with the contract so it is a good idea to use the same process even if you don’t use financing. We recommend following a detailed draw schedule that should be in writing and signed by all parties involved.