Most loan officers with the banks, require owner-builders to submit an itemized estimate in order to secure a construction loan. You will typically need to provide proof of income and assets, such as tax returns and bank statements.This introductory meeting will provide an understanding of your desired project, including the expected lot and construction budget. Are you thinking about moving to Maryland and want to know about new construction loans? Construction Loan Calculator. Use our Construction Loan Calculator to estimate your monthly payments. Here you will find information about the basics of construction lending, how to get a construction loan, and the Maryland construction loan lender. If you opt for a renovation loan, we will base your loan amount on the estimated value of your home once the renovations are complete. Our construction-to-permanent program allows you to combine your construction or renovation financing and permanent mortgage into one loan. The construction draw process is simply a method of paying the contractor in installments, or draws, from the construction project funds.