A construction loan serves to finance building, conversion or renovation costs and with a construction loan from VP Bank, you can realize your plans.
Characteristics
Interest rate
Variable
Commission
0.25 % credit commission per quarter
Interest payments
Quarterly
Amortization
None during the construction phase
Statement
Quarterly
Account balancing
Quarterly, at the end of the quarter
Advantages
Optimal overview of the payments made as construction progresses
Interest and credit commission are charged only on the actual amount of the loan drawn
Freedom to choose another VP Bank credit product upon completion of the construction
Limitations
Interest rate cannot be hedged during the construction phase.
Interested?
Together, we will find the right financing model for your property.
Why VP Bank?
We are a respected and renowned mortgage lender in the Liechtenstein/Switzerland region. We have achieved that reputation thanks to the combination of our flexibility and first-rate financing solutions.
