Construction second mortgage

You can expand and renovate your home, even if you haven’t paid off your first mortgage. Get the funds you need now with minimal hassles and paperwork.

Benefits

  • Keep your first mortgage, especially if you have a great rate
  • Loans available from $100,000 to $500,000
  • First mortgage doesn’t have to be with Webster Bank

Will build to suit

We'll design the mortgage with terms that you feel most comfortable with. Your beautiful, completed home is closer than you think. 

Consider all your options

Home equity line of credit

You decide when and how much to withdraw from your home equity line of credit (HELOC) and only pay interest on what you withdraw.

Home equity loan

Get an upfront lump sum with a fixed interest rate. If you're funding a specific expense, get the exact amount you need.

Disclosures

All loans subject to credit approval. Contact a Webster mortgage banking officer for full details of program. Program is subject to change without notice and may be withdrawn at any time.