OWNER BUILDER CONSTRUCTION

Financing for the construction of your own home

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COMPETITIVE RATES!

Helping you build your financial foundation

Denali's owner builder construction loan program is designed for owner builders or those who retain a professional contractor or builder. Then once construction is completed, convert their loan to long term financing, typically with the credit union’s home loan department.

The credit union can loan the lessor of 90 percent of the cost of construction or 80 percent of appraised value. Each month draw of funds occurs based on inspection of each phase, saving you costs normally associated with builder overhead.

Informational handout (PDF)

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OUR EXPERTS WORK FOR YOU

Description: 

Meet the team that treats you like family. They're friendly, competent and reliable – and they won't stop working until you get the top notch service you've earned.

Darcy Ellingboe

Branch Location Information: 

Denali FCU
Home Loans
471 W. 36th Ave.
Suite 110
Anchorage, AK 99503
NMLS# 403077

Phone:
907-257-9419
800-764-1123

Hours:
8:30 a.m.-5:30 p.m.
Mon.-Fri.

Staff Member Image: 
Staff Member Bio: 
Darcy Ellingboe

SENIOR REAL ESTATE LOAN OFFICER

I have over 18 years in the financial and mortgage industry.  Nothing is more exciting than the gratification I feel knowing I assisted in making a person’s financial goals and dreams of home ownership come true. 

I grew up in a military family, and moved to Alaska over 25 years ago when my father got stationed at Fort Richardson.  I had the pleasure of living in Eagle River and attended high school at Chugiak High, and then college at the University of Alaska Anchorage.  I am very passionate about helping my community and raising money for local charities. March of Dimes, Alaska Children’s Hospital at Providence, Food Bank of Alaska and St. Jude are some of the charities I hold dear to my heart. I love everything outdoors! When I’m not working I can be found enjoying our beautiful state with family and friends fishing, boating, camping, hiking and snowmachining.

NMLS# 1528945

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Hobby or Interest: 
Outdoors

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MEMBER VOICES

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Every day more people are learning about the Denali difference.
See what makes us a member service leader.

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"I love doing business with this credit union. We are not just a number, we’re treated like family!"
Meria H.
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"Always great service with a smile! The lines are never very long and each teller is quick to solve any issue that might arise."
Michael B.
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"Best banking in Alaska! Some of their locations are open 7 days a week until 7p.m.!"Lisa S.
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"STELLAR CUSTOMER SERVICE! Very happy I became a member!!"KB

Apply Now ONLINE APPLICATION

COMPETITIVE RATES!