Construction Loans

To maximize your financing experience

We provide construction loans to high quality, reputable real estate developers and home builders for the purpose of constructing a variety of commercial and residential products.


For evaluation of your construction financing needs, please contact your Relationship Officer     

or e-mail our Construction Unit at

These construction loans are available for:

  • Single-family housing projects

  • Multi-family and Elderly housing projects

  • Owner-occupied commercial real estate

  • Retail and industrial businesses commercial real estate

  • Warehouse projects

  • Hospitality

To apply, these general requirements need to be met:

  • Adequately supported by current appraisals

  • All required development permits have been obtained

  • Compliance with zoning requirements for planned development

  • Disbursements based on project progress and bank inspections

  • Strong source for satisfactory loan takeout/repayment based on Construction Loan type

  • No secondary financing

  • No loan granted for speculation purposes

  • Strong equity position


¿Need more information?


Call us at: San Juan & Metro Area 787-729-8034


South Region 787-805-0150

  • Small Business Banking for credit facilities up to $1 million

  • Business Banking for credit facilities between $1 million and $10 million

  • Corporate Banking for credit facilities over $10 million

Man and woman watching computer
hombre joven mostrando algo en portátil a mujer anciana

Business Digital Solutions

Originate business loans and lines of credit through our digital platform here.


Subject to credit approval. Certain restrictions apply.

You’re about to leave and visit a third party website. This web page contains its own terms of use and privacy policies. FirstBank isn’t responsible for the products, content, security or information that may appear at this third party website you’re about to visit.

To continue, press the “Ok” button. If you do not wish to visit the website, close this window or press the “Cancel” button. Thank you!