Construction Lending

Thank you for taking care of us in the difficult years. — actual customer quote

What We Do

Magna Bank provides construction and lot financing to both individuals and builders. We can assist you with financing anywhere in the greater Memphis area. Custom construction loans and renovation loans are available to individuals and because of Magna's extensive experience in construction lending, the process is typically quick and easy. Speculative and presold construction loans are also available to builders in the Memphis market.

Contact Us

To inquire about a construction loan, please contact Nick Sutton or Cathy Bolden. Our contact information is listed below.

Nick Sutton
Senior Vice President
Office: 901.259.5470
nick.sutton@magnabank.com
NMLS # 771226
Over 12 years of banking experience

Nick is a Senior Vice President and Manager of the Construction Lending and Private Banking departments. He has been with Magna Bank since 2006 and previously worked as a Vice President in the real estate department at Suntrust Bank (formerly NBC).
 

Cathy Bolden
Loan Analyst
Office: 901.259.5427
cathy.bolden@magnabank.com
Over 27 years of banking experience

Cathy is a Loan Analyst in the Construction Lending department. She has been with Magna Bank since 1999 and previously worked at Union Planters Bank and Leader Federal.