Construction to Permanent Loans

Construction to Permanent Loans

one closing. one rate. one loan.

Having a strong foundation and a solid plan for financing is crucial when building your dream home. With Capitol Federal’s Construction-to-Permanent Loan program, you can enjoy the convenience of one loan throughout the building process and life of the loan. We offer competitive conforming and jumbo rates, with loan costs among the lowest in the industry. 

Construction to Permanent Highlights:

  • One-time closing, covering both the construction and end loan financing
  • One set of closing costs
  • Generous construction time
  • Interest rate is locked for life of the loan on fixed-rate loans
  • Automatic conversion to a permanent loan with no change to your interest rate
  • Free one-time re-amortization upon the sale of your existing residence*
  • During construction, only interest is billed monthly
  • Lower monthly payments than regular home improvement loans
  • The loan always remains at Capitol Federal®, providing you excellent local service

Why dream when we can make it a reality?

*You must close the sale within 90 days of conversion.  Additional restrictions apply.

Construction-to-Permanent loans are not available in all areas.  Loan information is subject to change.  Certain restrictions apply. 

Apply Online

Complete a CapFed® mortgage application online.

Apply Now

Contact a local mortgage consultant to help you.

Find Loan Professional

Convenient Automatic Payment Option

With Capitol Federal's Automatic Payment Option, we handle all the details of paying your mortgage after you enroll…and this service is provided to you at no cost. Authorize deduction from a checking or savings account and determine the transfer date: 1st, 5th, 10th, 15th, 20th or 25th of each month.*

To start your Automatic Payment Option, simply complete the Automatic Payment Option Agreement Form** (PDF), sign and return the form, together with a check marked "void", to:

Capitol Federal
Attention: Loan Service Department
700 S Kansas Avenue
Topeka, KS 66603

If you prefer, you may fax the completed form to CapFed at 785-270-6024 or send via encrypted email to

Once registered, make a notation in your account register - or confirm the transaction through True Blue Online® banking. It's perfect! No checks to write, no postage to pay and no forgotten payments or checks lost in the mail. Under Capitol Federal's Automatic Payment Option, customers may make additional principal payments to their loan.

*Mortgage Loans and Consumer Loans are available on these dates; although for Consumer Loans, if the Automatic Payment Option payment date is later than the loan payment due date, additional finance charges may be incurred. Execuline transfer date available only on 10th of each month. All transfers are processed only on regular business days. Should the transfer date fall on a weekend or federal holiday, the transfer will be processed on the next business day. If the mortgage or loan payment amount changes, the customer will be notified in advance of the change.

**One agreement form is required for each loan.

keep me informed of loan rates

Sign up to receive bi-weekly rate update emails and learn more about Capitol Federal® home loan products. These short emails are the perfect way to monitor mortgage interest rates at Capitol Federal.

Sign Up
Mortgage Rate Update Image
Conventional Fixed Rate Image

No Surprises with Fixed Rates

Learn more about how a fixed-rate mortgage could offer you lower monthly payments, plus the security of knowing your interest rate will stay the same.

More On Fixed-Rate Mortgage
Mortgage Calculator Image

Determine Your Monthly Payments

Find out how much your monthly payment would be based on home price, insurance costs and taxes.

Mortgage Resources Image

Mortgage Help Center

Get answers to all your mortgage questions and learn more about the mortgage loan process.

Visit Help Center