39 Construction Loan Lenders in Hugo, Minnesota in 2026

The Lendersa® directory offers a comprehensive list of construction loan lenders in Hugo, MN. This list includes a diverse array of financial institutions, from regional banks and national lenders to local hard money lenders. These lenders are capable of utilizing private money to support both ground-up construction projects and major renovations, offering flexible financial solutions tailored to various needs and ambitions.

For individuals planning construction in Hugo, MN, the costs to build a 2,000 square-foot home vary significantly. These costs can range from $188,759 for basic construction approaches to $344,928 for more luxurious, tailored expansions. Interest rates and loan terms differ widely, contingent upon factors like the borrower's financial profile, the loan-to-value (LTV) ratio, after-repair value (ARV), and the choice of lender. Each factor influences the overall affordability and terms available to the borrower.

Compare and evaluate loan offers from over 100 lenders to find the most competitive options available for your specific construction plans.

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Lendersa® employs advanced AI technology to ensure all your construction financing needs are thoroughly addressed. This technology can instantly pair your loan requests with hundreds of construction lenders, allowing you to uncover the best construction rates to fund various kinds of projects, from starting ground-up builds and engaging in fix-and-flip opportunities to managing major rehabs on residential and commercial properties throughout MN. Such tools are instrumental in optimizing financial decisions and strategies.

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Avoid unnecessary inquiries to protect your credit score effectively. Secure pre-approval for your land loan without needing to provide your social security number or other sensitive financial data, preserving your privacy and security in the application process.

You could qualify for 100% LTV (Loan to Value) financing by pledging additional property as security through a blanket loan agreement. This approach significantly enhances your borrowing capability without requiring upfront cash outlays.

Utilize the Lendersa® land loan calculator to efficiently find lenders offering vacant land loans in specific zip codes 55110. This feature aids in locating lending institutions that align with your specific geographic and financial requirements, easing the search for optimal lenders.



Hugo Construction Loan Lenders

  • Premier Banks
  • 2866 White Bear Avenue, Saint Paul, MN, 55109
  • Lends in Minnesota
  • Chartered in 1974, Premier Bank set up shop as Maplewood State Bank in a trailer on the corner of Beam and White Bear Avenues. Maplewood State Bank was the smallest of the 714 Minnesota Banks. We work as hard as you do each day to earn the privilege to grow together. Focused on an ever brighter financial future.

  • Platinum Bank
  • 7667 Tenth Street North, Oakdale, MN, 55128
  • Lends in Minnesota
  • We understand your challenges, because we, too, are a growth-oriented business. Our business-savvy professionals offer advice and insights that you will likely find unique to the business banking world. You know your business better than anyone, and Platinum Bank respects and appreciates this.

  • Minnesota Catholic Credit Union
  • 400 E Little Canada Road E, Little Canada, MN, 55117
  • Lends in Minnesota
  • MN Catholic Credit Union has been serving members of our Catholic community since 1946 with excellent personalized service & making financial products both affordable & accessible. This credit union is the combination of 2 Catholic credit unions with rich histories. In 2011, St John’s of Little Canada Credit Union acquired MN Catholic Credit Union.

  • Lake Elmo Bank
  • 11465 39th Street N, Lake Elmo, MN, 55042
  • Lends in Minnesota
  • Lake Elmo Bank has built its tradition on a personal approach to banking. We get to know our customers so that we understand each customer's unique needs with the intent of building long-term financial relationships. This goal has been the foundation of our business for over 100 years.

  • Northstar Bank
  • 1820 Lexington Ave N, Saint Paul, MN, 55113
  • Lends in Minnesota
  • North Star Bank is an independent, locally owned bank with a proud tradition of sound management and integrity. Established in 1947, we have been continuously committed to providing quality, customized banking service for personal and commercial financial needs. When you bank with us, your money is reinvested into the community in which you live

  • City & County Credit Union
  • 144 11th Street East, Saint Paul, MN, 55101
  • Lends in Minnesota
  • At City & County Credit Union, we work relentlessly as a not-for-profit financial cooperative to provide the best for our members, employees and community. Guided and owned by our members, we offer financial accounts and tools that make our members'​ financial lives less stressful.

  • Insight Commercial Capital
  • 445 Minnesota St, Suite 1550, Saint Paul, MN, 55101
  • Lends in Minnesota
  • As hard money lenders in St Paul, MN our mission is to deliver low rates and fast approval for every client. We often provide funding in only a few days for hard money loans in Saint Paul and throughout Minnesota.hard money lenders in St Paul, MN our mission is to deliver low rates and fast approval for every client.

  • Drake Bank
  • 60 East Plato Blvd, Suite 100, Saint Paul, MN, 55107
  • Lends in Minnesota
  • Drake Bank is a purpose-driven independent bank in St. Paul. We were founded in 2002 by a group of successful local entrepreneurs committed to helping others succeed for the shared prosperity of their community. Our 70+ founders invested their own money to fund the first business loans, and many are still shareholders today.

  • Affinity Plus Federal Credit Union
  • 175 West Lafayette Frontage Rd, Saint Paul, MN, 55107
  • Lends in Minnesota
  • Affinity Plus is a not-for-profit member-owned cooperative. We improve the lives of our members through meaningful banking, exceptional experiences, and trusted relationships. We are honest and trustworthy. We are open to new ideas and feedback. We learn from our mistakes. We adapt as the world changes, and work evolves by leveraging technology,

  • First State Bank and Trust
  • 950 Highway 95 North, Bayport, MN, 55003
  • Lends in Minnesota
  • First State Bank and Trust is a community owned bank that has been serving the Saint Croix Valley since 1914. With four locations in Minnesota - Bayport, Stillwater, Oak Park Heights,and Boutwells Landing - and another one in Hudson, WI, First State Bank and Trust is a full service bank that can assist in all aspects of your financial portfolio.