Permanent Improvement Loans (PIL)
First Savings Mortgage specializes in Construction and Renovation programs for new and existing
home improvement projects. The following are just a few of our program highlights, which can be
used in combination with many of our permanent home ownership options.
Key Benefits:
- Features a one-time close with no required monthly payments
- The "PIL" provides funds for acquiring and improving a residence; or to expand and update your current residence
- Interest accrues only on amounts advanced
- Financing available up to 100% of costs for the PIL loan
