Construction & Land Loans

Build It. Buy It. Make It Yours.
From raw land to your finished home, Tidemark offers flexible financing options to help you take the next step with confidence.

Explore Your Options

Talk to a Loan Expert

Financing for Where You’re Going Next

Whether you’re starting with a piece of land or ready to build your dream home, construction and land loans require a different approach than traditional mortgages.

At Tidemark, we simplify the process with clear guidance, flexible options, and local experts who understand how to bring your vision to life—from the ground up.

Explore Fixed-Rate Options

Loan Options Built Around Your Project

Construction Loans

Best for: Building a new home from the ground up

12-month construction period with interest-only payments
Designed to support you through the full build process
Seamless transition from construction to permanent financing (optional depending on your setup)

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Construction Program⁽¹⁾

Rates as of August 17, 2026

Build your home with a one-time settlement Construction to Permanent Loan. Make interest only payments during the first 12-months of construction.

Loan Type	Loan to Value	Interest Rate as low as i Rate Interest rate is the amount paid each year in order to borrow money, calculated in percentage.	Discount Points i Points Points are upfront fees you can pay to lower your mortgage interest rate. One point typically costs 1% of your loan amount. Paying points may help reduce your monthly payments over time.	APR As Low As i APR (Annual Percentage Rate) APR is a broader measure of the cost of borrowing. It includes the interest rate plus any upfront fees or costs (like points), giving you a more complete picture of what you’ll actually pay over the life of the loan.
10/1 Conforming ARM ⁽³⁾	Up to 80%	7.125%	0.00%	7.219%
30 Year Fixed	Up to 80%	7.000%	0.00%	7.094%

Discount Points, Jumbo, Second Home, Refinance and 100% financing⁽⁴⁾ options available. Other term options available 5/1, and 7/1 Adjustable-Rate Mortgage. Other term options available 15 Year and 20 Year Fixed Rate Mortgage. Rates subject to change.

Payment Example ⁽⁶⁾

10/1 Conforming ARM Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

30-Year Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

Land Loans

Best for: Purchasing land now and building later

Adjustable-Rate Mortgage (10/1 ARM)
Up to $600,000 at 80% LTV
20-year term
Properties up to 50 acres

Get Started

Land Loan⁽⁷⁾

Rates as of August 17, 2026

20 year Adjustable Rate Mortgage up to 80% Loan to Value ⁽⁸⁾

Loan Type	Term	Interest Rate as low as i Rate Interest rate is the amount paid each year in order to borrow money, calculated in percentage.	APR i APR (Annual Percentage Rate) APR is a broader measure of the cost of borrowing. It includes the interest rate plus any upfront fees or costs (like points), giving you a more complete picture of what you’ll actually pay over the life of the loan.
10/1 ARM ⁽³⁾	20 Years	6.750%	6.822%

Rates subject to change.

Payment Example ⁽⁹⁾

10/1 ARM Loan assumptions: Advertised rate assumes the purchase of undeveloped land, 780 FICO, down payment of 30% up to the conforming loan amount limit.

Term	Rate*	APY**
12 months	%	%
36 months	%	%
60 months	%	%

How It Works

Start with a Plan

Tell us about your project—whether you're buying land, building, or both.

Get Pre-Approved

We’ll review your financials and help you understand what you qualify for.

Build with Confidence

During construction, you’ll make interest-only payments while your home comes to life.

Move In

Once construction is complete, transition into your long-term financing and start enjoying your new home.

Why Build with Tidemark?

Local lending decisions that move faster
Clear communication from start to finish
Flexible financing tailored to your project
Direct access to experienced loan officers
Support through every phase—from land purchase to final walkthrough

Talk to a Loan Officer

What to Expect with
Construction & Land Loans

Construction and land financing involve more moving parts than a traditional home loan—but with the right guidance, it doesn’t have to be complicated.

You’ll work with our team to coordinate timelines, approvals, and funding throughout the process, so you always know what’s next.

Meet Your Local Mortgage Experts

When it comes to your home, having the right team matters. At Tidemark, you’ll work directly with experienced local loan officers who are here to guide you, answer your questions, and help you choose the right path forward.

Whether you're just exploring or ready to apply, we're here to make the process simple, clear, and personalized.

Todd Smith

NMLS# 637680

Director of Mortgage Originations

Connect with Todd

Nick Rash

NMLS# 1766391

Mortgage Loan Originator

Connect with Nick

Construction & Land Loan FAQs

Loan Rates Disclosures

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¹Rates displayed are "as low as" for Primary residence purchase loans. Displayed rates include discount points. Rates are subject to change. Rates vary based on creditworthiness, loan-to-value (LTV), occupancy, property type and loan purpose, and/or other factors. Down payment and loan-to-value (LTV) requirements may vary depending on the occupancy, property type, loan purpose, your creditworthiness, and/or other factors. All loans subject to credit approval.

²A fixed-rate loan of $256,000 for 30 years at 6.500% interest and 6.568% APR will have a monthly payment of $1,618.09. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,798 loan origination fee and processing fees. Discount points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

A fixed-rate loan of $256,000 for 20 years at 6.250% interest and 6.339% APR will have a monthly payment of $1,871.18. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,798 loan origination fee and processing fees. Discount points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

A fixed-rate loan of $256,000 for 15 years at 5.750% interest and 5.859% APR will have a monthly payment of $2,125.85. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,798 loan origination fee and processing fees. Discount points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

³Adjustable Rate Mortgages (ARM) are variable, and your Annual Percentage Rate (APR) may increase after the original fixed-rate period. The First Adjustment is based on the one-year Constant Maturity Treasury (CMT) index, plus a margin, rounded to the nearest 1/8 percent. The annual rate cap is 2%; lifetime cap 6%. Properties limited to the Delmarva Peninsula. All loans subject to credit approval.

⁴Loan amounts above $600,000 may require PMI.

⁵A 5/1 Adjustable Rate Mortgage (ARM) $320,000 for 30 years at 6.125% interest and 6.178% APR will have a monthly payment of $1,944.35. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,798 loan origination fee and processing fees. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

A 7/1 Adjustable Rate Mortgage (ARM) $320,000 for 30 years at 6.375% interest and 6.429% APR will have a monthly payment of $1,996.38. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,798 loan origination fee and processing fees. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

A 10/1 Adjustable Rate Mortgage (ARM) $320,000 for 30 years at 6.625% interest and 6.680% APR will have a monthly payment of $2,049.00. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,798 loan origination fee and processing fees. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

⁶A 10/1 Adjustable Rate Mortgage (ARM) $320,000 for 30 years at 7.125% interest and 7.219% APR will have a monthly payment of $2,155.90. Payments are interest only during construction based on amount advanced. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $2,998 loan origination, processing, and construction admin fees. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

A fixed-rate loan of $320,000 for 30 years at 7.000% interest and 7.094% APR will have a monthly payment of $2,128.97. Payments are interest only during construction based on amount advanced. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $2,998 loan origination, processing, and construction admin fees. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 780 FICO, down payment of 20% up to the conforming loan amount limit.

⁷Rates displayed are "as low as" for purchase loans. Rates are subject to change. Rates vary based on creditworthiness, loan-to-value (LTV), and/or other factors. Contact us for terms for refinances. All loans subject to credit approval.

⁸Adjustable Rate Mortgages are variable, and your Annual Percentage Rate (APR) may increase after the original fixed-rate period. The First Adjustment is based on the one-year Constant Maturity Treasury (CMT) index, plus a margin, rounded to the nearest 1/8 percent. The annual rate cap is 2%; lifetime cap 6%. Minimum loan amount $50,000. Maximum Loan amount $600,000, 80% Loan to Value. All loans subject to credit approval.

⁹A 10/1 Adjustable Rate Mortgage (ARM) $320,000 for 20 years at 6.750% interest and 6.822% APR will have a monthly payment of $2,433.16. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,798 loan origination fee and processing fees. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of unimproved land, 780 FICO, down payment of 20% up to the conforming loan amount limit.

¹⁰ Rates displayed are "as low as" for primary residence only. Rates are subject to change. Rates vary based on creditworthiness, loan-to-value (LTV), and/or other factors. All loans subject to credit approval.

¹¹ Net appraised value is appraised value less 1st lien balance. Limited to Loans in the Delmarva Peninsula. If TFCU is not first lien holder, the loan amount is limited to 80% LTV. Minimum loan amount $25,000. Maximum $400,000. Other terms available if TFCU is first lien holder. Primary residence only. Additional limitations may apply.

¹² Rate changes monthly based on Prime Rate as published in the Wall Street Journal plus a margin. Interest only payments are made during the 10-year draw period then the remaining balance is amortized over 15 years.

¹³

¹⁴ Home Equity Line of Credit (HELOC) with interest only payments at 6.750%, Prime interest and 6.798% APR would require a minimum monthly payment of $5.63 per $1,000.00 borrowed during the draw period. Taxes and insurance not included. Includes a $299 loan processing fee. All loans subject to credit approval. Loan assumptions: Advertised rate assumes cash-out on a single-family primary residence, 780 FICO, minimum 20% equity up to the conforming loan amount limit.

A fixed-rate loan of $100,000 for 20 years at 7.125% interest and 7.164% APR will have a monthly payment of $782.82. Taxes and insurance not included. Includes a $299 loan processing fee. All loans subject to credit approval. Loan assumptions: Advertised rate assumes cash-out on a single-family primary residence, 780 FICO, minimum 20% equity up to the conforming loan amount limit.

¹⁵ Rates may vary based on term, down payment, credit worthiness and age of unit.

¹⁶ Rates are 3% above share/certificate dividend rate; adjusted with the dividend rate. For share secured loan funds must be held in the Prime Share. Retirement certificates are not eligible to be pledged.

¹⁷ Variable rate adjusted quarterly based on Prime.

¹⁸ Variable rate adjusted monthly based on Prime.

¹⁹ Rates based on the Prime Rate of 07/01/2026 (Visa®)

²⁰ Rates based on the Prime Rate of 06/17/2026 (Line of Credit)

^ANew Vehicles are defined as the two (2) most recent model years that have not been previously titled and include automobiles, trucks, and vans. Rates, terms, and financing are subject to credit approval and may vary based on creditworthiness, loan term, loan-to-value ratio, down payment, and other underwriting factors. Not all applicants will qualify for the lowest available rate. Additional restrictions and conditions may apply.

^BUsed Vehicles are defined as automobiles, trucks, and vans that have been previously titled and are up to fifteen (15) model years old. Rates, terms, and financing are subject to credit approval and may vary based on creditworthiness, loan term, loan-to-value ratio, down payment, vehicle age, and other underwriting factors. Not all applicants will qualify for the lowest available rate. Additional restrictions and conditions may apply.

^CRecreational Vehicles (RVs) and Boats are eligible for financing if they are within the most recent ten (10) model years. Boat financing must include the boat hull and all associated motor(s). A trailer may be included as part of the financing package when applicable. Rates, terms, and financing are subject to credit approval and may vary based on creditworthiness, loan term, loan-to-value ratio, down payment, collateral type, age of collateral, and other underwriting factors. Not all applicants will qualify for the lowest available rate. Additional restrictions and conditions may apply.

^DMotorcycles are eligible for financing if they are within the most recent ten (10) model years and include motorcycles, sport bikes, cruisers, touring motorcycles, trikes, and similar street-legal powersport vehicles. Rates, terms, and financing are subject to credit approval and may vary based on creditworthiness, loan term, loan-to-value ratio, down payment, collateral type, age of collateral, and other underwriting factors. Not all applicants will qualify for the lowest available rate. Additional restrictions and conditions may apply.

^EClassic Automobiles are eligible for financing if they are at least twenty-five (25) years old and meet the current J.D. Power definition of a classic vehicle. The vehicle must remain substantially consistent with its original factory design and configuration and may not be undergoing restoration at the time of application. Borrowers are required to provide current photographs of the vehicle for eligibility verification. Rates, terms, and financing are subject to credit approval and may vary based on creditworthiness, loan term, loan-to-value ratio, down payment, vehicle condition, and other underwriting factors. Not all applicants will qualify for the lowest available rate. Additional restrictions and conditions may apply.

^FPowersport vehicles are eligible for financing if they are within the most recent four (4) model years and include All-Terrain Vehicles (ATVs), Utility Task Vehicles (UTVs), and Personal Watercraft (PWCs). Personal Watercraft financing must include a trailer as part of the collateral package. Rates, terms, and financing are subject to credit approval and may vary based on creditworthiness, loan term, loan-to-value ratio, down payment, collateral type, age of collateral, and other underwriting factors. Not all applicants will qualify for the lowest available rate. Additional restrictions and conditions may apply.

Rates are subject to change without notice and are accurate as of the date listed above. Additional rates and terms may apply. Members may contact any Credit Union staff member for details on applicable fees and terms. The rates shown apply only to new money and new loans with Tidemark Federal Credit Union. Existing Tidemark loans may not qualify for the advertised rates if refinanced internally. Rate eligibility is determined by multiple factors, including loan type, creditworthiness, and the terms of the current loan agreement.