1 Construction Loan Lenders in Salem, Indiana in 2026

Lendersa® offers a directory of construction loan lenders in Salem, IN, including regional banks, national lenders, and local hard money lenders that utilize private funds for ground-up construction or major rehabilitations.

In Salem, IN, the construction costs for a 2,000-square-foot home range from $174,241 for basic builds to $319,692 for more elaborate projects. Interest rates and loan terms vary according to the borrower's financial situation, LTV, ARV, and the chosen lender type.

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Using advanced AI technology, Lendersa® promptly matches your financing needs with numerous construction lenders. You can explore top construction rates for funding new builds, fix-and-flip projects, or major renovations on both residential and commercial properties in IN.

Locating Construction Loan Lenders Near You

To maintain a good credit score, avoid unnecessary inquiries. Secure preapproval for a land loan without providing your social security number or sensitive financial information.

If you agree to use additional property as security, you might qualify for 100% LTV financing through a blanket loan arrangement.

Use the Lendersa® land loan calculator to identify lenders offering vacant land loans in zip codes 47167.



Salem Construction Loan Lenders

  • The Peoples Bank
  • 100 N. Main St., Brownstown, IN, 47220
  • Lends in Indiana
  • Originally chartered in 1919 as the Brownstown Loan and Trust Company, The Peoples Bank was formed in 1965 with the merger of the Brownstown Loan and Trust Company and the First National Bank of Brownstown.

    The Peoples Bank remains a locally owned community bank serving all of Jackson County with offices in Brownstown, Crothersville and Seymou

  • Riverside Mortgage LLC
  • 2855 Charlestown Road, Suite 300, New Albany, IN, 47150
  • Lends in Indiana
  • At Riverside Mortgage we make a commitment to you: we will help you qualify, apply and be approved for the best mortgage that’s right for you. A successful mortgage starts with a personal touch with our one-on-one meetings to understand your financial goals as well as what you can afford before you shop.

  • First Savings Bank
  • 501 E Lewis & Clark Pkwy, Clarksville, IN, 47129
  • Lends in Indiana
  • First Savings Bank is a subsidiary of First Savings Financial Group, Inc. which is headquartered in Jeffersonville, Indiana. First Savings Financial Group, Inc. is listed on the NASDAQ National Market under the symbol "FSFG" and is a community-focused financial holding company with assets of $1.7 Billion

  • Smith Broady & Associates
  • 1114 E. 10th Street, Jeffersonville, IN, 47130
  • Lends in Indiana
  • Smith Broady and Associates was founded in 2008 to serve the mortgage service needs of Southern Indiana by Leslie Smith & Sonya Broady after many years of experience in the mortgage industry. Their combined industry experience and knowledge is brought together & transferred to our team of Loan Officers to ensure your mortgage is handled accurately.

  • Bedford Federal Savings Bank
  • 1030 15th St, Bedford, IN, 47421
  • Lends in Indiana
  • Bedford Federal Savings Bank has provided Bedford and Greater Lawrence County with leading-edge deposit and lending opportunities. Additionally, the Bank has been a force for good in the community and its youth through philanthropy and service. Now in its tenth decade, the Bank maintains its commitment to serving the communities of Lawrence County.

  • Hoosier Hills Credit Union
  • 630 Lincoln Ave, Bedford, IN, 47421
  • Lends in Indiana
  • We’re a Credit Union, not a bank. We charge fewer fees than banks, in addition to having competitive rates. We operate in 40 southern Indiana and northern Kentucky membership counties. You can be a member, too! Hoosier Hills Credit Union is your community cooperative financial institution, serving Southern Indiana

  • New Washington State Bank
  • 402 E Main Street, New Washington, IN, 47162
  • Lends in Indiana
  • New Washington State Bank opened on Main Street in New Washington, Indiana. The bank was founded by a group of ten prominent business leaders and farmers who felt New Washington and the surrounding farming communities would be better served with a bank of their own. From our humble beginning in 1908.

Also lends in Indiana

  • Encore Mortgage LLC
  • 1001 Dupont Road, Suite 110 B, Louisville, KY, 40207
  • Encore Mortgage, LLC, we understand your house is your home—not a loan. We know this because we’ve always been in the business of caring about our customer’s journey, writing our story right alongside yours. Whether you are first time home buyer, purchasing your dream home, or refinancing an outstanding loan.

  • Grandbridge
  • 4938 Brownsboro Rd, Louisville, KY, 40222
  • "We specialize in commercial and multifamily real estate capital markets financing, servicing loan portfolios, providing asset and portfolio management, and real estate brokerage services on a national basis.
    We're ranked a ""Strong"" Commercial Loan Primary Servicer by S&P Global Ratings and have broad capital provider base of over 100 sources"

  • Republic Bank & Trust Company
  • 2001 Newburg Road, Louisville, KY, 40205
  • Republic Bank has grown to become the largest locally-owned community bank in Kentucky. With 45 banking centers in Kentucky, Indiana, Florida, Tennessee and Ohio, and $5.1 billion in assets, Republic is dedicated to meeting the needs of consumers, small business owners and large corporations by offering a full range of competitive products.