2026 Construction Loan Lenders for Worcester, Massachusetts

Lendersa® provides a list of construction loan lenders in Worcester, MA, including regional banks, national lenders, and local hard money lenders who use private money for new builds or significant rehabs.

In Worcester, MA, lenders estimate the construction cost for a 2,000 square foot home from $280,634 for basic structures to $505,819 for more elaborate constructions. Loan interest rates and terms vary based on borrower financials, LTV, ARV, and lender type.

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Worcester Construction Loan Lenders

  • Bay State Savings Bank
  • 28 Franklin Street, Worcester, MA, 01608
  • Lends in Massachusetts
  • Bay State Savings Bank's roots extend back to 1895, when 114 spirited citizens of Worcester gathered together and pledged a total of $7, 660 to establish a new savings bank in the city. They made good on that pledge, and on May 16, 1895, Bay State Savings opened its doors for business on Main St. in Worcester.

  • Cornerstone Bank, National Association
  • 230 Park Avenue, Worcester, MA, 01609
  • Lends in Massachusetts
  • Cornerstone Bank was formed in 2017 & was built on the foundation of two local, mutual banks joining together— Southbridge Savings Bank & SpencerBANK (founded in 1871). Based in Worcester, Massachusetts, we currently operate 13 branch offices.Cornerstone Bank is a local, community bank dedicated to providing high-quality, personal customer service.

  • Capital Biz Solutions, Inc
  • 474 Grove St, Worcester, MA, 01605
  • Lends in Massachusetts
  • Our main objective is to help companies acquire the capital they need to grow their business on their terms. We will guide you through the process and outline the lending parameters. It is our job to insure you’re well informed, and there are no surprises. It is our pledge to provide you with the best business lending available.

  • Webster Five
  • 35 Millbury Street, Auburn, MA, 01501
  • Lends in Massachusetts
  • Webster Five is a $1 billion community bank with seven convenient branches, serving Central Massachusetts with offices in Auburn, Dudley, Oxford, Shrewsbury, Webster and Worcester. For over a century, the bank has developed a reputation for outstanding personal service, community support and fiscal strength.

  • Millbury National Bank
  • 18 Main Street, Millbury, MA, 01527
  • Lends in Massachusetts
  • Millbury National Bank was founded in 1825, and through fiscal integrity and fortitude, the bank has been led by a committed Board of Directors for over 190 years, currently with several multi-generational Directors. Our focus is on serving small businesses within the Blackstone Valley, and maintaining our strong commitment to our customers.

  • Central One Federal Credit Union
  • 714 Main Street, Shrewsbury, MA, 01545
  • Lends in Massachusetts
  • Central One is a not-for-profit federal credit union. It was established in 1952 as an occupational-based credit union, serving the employees and family members of the New England Electric System (NEES) and their affiliate companies. Central One Federal Credit Union was officially granted a community-based charter on November 19, 1998.

  • Alibaba Lending
  • 10 Vinnie Way, Shrewsbury, MA, 01545
  • Lends in Massachusetts
  • At Alibaba Lending, our mission is to set a high standard in the loan industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the loan process, so that you can confidently select the best loan for you and your company from the many loan options that are available today.

  • Security First Mortgage Funding LLC
  • 21 N. Quinsigamond Ave, Worcester, MA, 01545
  • Lends in Massachusetts
  • Security First Mortgage Funding is a Mortgage Lender with a Lending Platform designed to meet the needs of Today's Borrower. We have the lowest rates on conventional, Jumbo, FHA, VA and portfolio loans Available. We also specialize in Condo financing. At Security First we have a dedicated team of loan officers & processors.

  • Drew Mortgage Associates
  • 196 Boston Turnpike Road, Shrewsbury, MA, 01545
  • Lends in Massachusetts
  • We’re more than a mortgage lender – we’re comprehensive mortgage planners. Our home loan officers are trained to help you apply for a mortgage loan that supports your financial goals. We offer a variety of home loan programs to fit your individual mortgage needs.This kind of planning may save you money and help you achieve your financial goals.