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Financing

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.

The Federal Savings Bank

BRIAN ARBEITER

Serving All 50 States
Vice President NMLS#459897

Cell (909) 754-7137| Fax (909) 845-2964 | Direct (909) 845-2627
barbeiter@thefederalsavingsbank.com

The Federal Savings Bank

Tom Coronato
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

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

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

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

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.

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