2026 Construction Loans in Byron, Minnesota

Lendersa® offers a robust list of construction loan lenders in Byron, MN, featuring a variety of financial entities, from regional banks and significant national lenders to local hard money lenders. These lenders deploy private capital to support projects like ground-up construction and major renovations, providing a versatile range of financial options for property development.

For a 2,000 square foot home in Byron, MN, construction costs are evaluated by lenders, spanning from $188,077 for basic construction to $344,246 for more elaborate and upscale designs. These costs can significantly vary and are influenced by choices in materials and customization levels. Furthermore, interest rates and construction loan terms are tailored depending on several key factors—including the borrower’s financial situation, Loan-To-Value (LTV) ratio, After Repair Value (ARV), and the type of lender you select—to ensure a customized financing plan that best fits your needs.

Unleash the Power of the Magic Construction Loan Calculator

To address all your construction financing needs, Lendersa® leverages AI technology that effortlessly matches your loan applications with hundreds of construction lenders. This efficient process helps you identify excellent construction rates for funding various projects, including ground-up builds, fix-and-flip ventures, or major rehab efforts on both residential and commercial properties across the state of MN. Utilizing this technology ensures that you can secure financing options aligning with optimal terms that facilitate your project's success.

Looking for Construction Loan Lenders Nearby?

Avoid unnecessary credit inquiries that could negatively impact your credit score. Achieve preapproval for your land loan without disclosing your social security number or any sensitive financial data, safeguarding your privacy and simplifying the initial steps of loan approval.

If you meet the criteria, you might qualify for 100% LTV financing by agreeing to offer additional property as collateral through a blanket loan, optimizing your leverage and financial strategy.

Use the Lendersa® land loan calculator to find vacant land loan providers in the zip codes 55920, enhancing your ability to connect with the right lenders for your specific property investment needs.

Byron Construction Loan Lenders
(507) 775-2316 Lender's profile and map First Security Bank 316 Byron Avenue North, Byron, MN, 55920 Lends in Minnesota First Security Bank is a local, family owned bank that is a proud supporter in helping customers achieve financial success and freedom. We are passionate about the community in which we live and work and strive to pay it forward and make a positive impact to better the lives of others.
(507) 280-0621 Lender's profile and map Olmsted National Bank 975 34th Avenue NW, Rochester, MN, 55901 Lends in Minnesota ONB Bank is the sole member of Olmsted Holding Corporation, a bank holding company headquartered in Rochester, Minnesota. ONB Bank offers a full array of services while maintaining the integrity of a community bank where decisions are made locally. ONB Bank takes pride in having served our community since 1996.
(507) 282-1845 Lender's profile and map Sterling State Bank 4200 Badger Hills Dr NW, Rochester, MN, 55901 Lends in Minnesota Sterling State Bank has been providing consumer and commercial banking services to Austin, MN and the southeast MN area for over 50 years. Our experienced Personal Bankers and mortgage Lenders can help with any of your banking needs from home mortgages to business cash management services.
(507) 288-0330 Lender's profile and map First Alliance Credit Union 300 North Main Street, Stewartville, MN, 55976 Lends in Minnesota At First Alliance Credit Union, we place our members' (and future members) needs first by providing compassion, guidance, and resources to promote their financial well-being. At First Alliance Credit Union, we want to be the trusted partner of choice for the financial success of our members and the communities we serve.
(507) 280-1973 Lender's profile and map MCT Financial 3240 East River Road, Rochester, MN, 55906 Lends in Minnesota At MCT Financial, we have over 30 years of experience in serving mortgage borrowers. Our ultimate goal is to create lasting relationships with each of our clients so that we may continue providing excellent service for many years to come. We offer unparalleled mortgage and refinance service to clients throughout the entire State of Minnesota!
(507) 299-0240 Lender's profile and map Main Source Mortgage 3224 6th Ave NE, Rochester, MN, 55906 Lends in Minnesota Main Source Mortgage 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 & your company from the many loan options that are available today.
(507) 433-3473 Lender's profile and map First Farmers & Merchants Bank 128 N Main St, Austin, MN, 55912 Lends in Minnesota We strive to be recognized as the financial institution of choice in all of the communities we serve.We continue to be a premier community bank focusing on agricultural & small business lending. We maintain a strong, positive, team-oriented work environment and are recognized as a great place to work. We strive to exceed our customers’ expectations
(507) 534-3137 Lender's profile and map Peoples State Bank 100 4th Ave SE, Suite 6, Plainview, MN, 55964 Lends in Minnesota Since 1925, Peoples State Bank has been proud to serve the banking needs of our community. The original owner, William R Zabel, solidified his vision with the very first PSB branch in Plainview, MN. Since those early days, PSB has expanded to include branches in Altura and Elgin, MN, as well as Boyceville and Menomonie, WI.
715-415-0871 Lender's profile and map Moose's Money 202 N Cedar Ave Suite 1, Owatonna, MN, 55060 Lends in Minnesota Moose's Money is a private lender for business-purpose, non-owner-occupied investment real estate. We fund fix and flip, DSCR, bridge, BRRRR, new construction, and small multifamily nationwide, first lien only, entity borrowers. Loans from $50K to $3M. We fund most deals directly and place out-of-box deals through our lender network. Real equity and cash reserves required. Fast quotes and closings, every fee in writing upfront. No runaround.
(886) 455-2260 Lender's profile and map Community Bank Owatonna 640 Bridge Street, Owatonna, MN, 55060 Lends in Minnesota Community Bank Owatonna is committed to helping businesses grow and expand. We offer a full range of lending products designed, competitive rates and terms, and local decision making to help your business meet its financial goals. Our lenders, each with more than 25 years of banking experience, take pride in structuring the most effective loan.