Residential Development
& Home Building

Burnsville, Minnesota – Our newest location and home of our Residential Development and Home Builders lending team. Like some of our competitors – other locally owned and operated community banks – were merged or sold to larger financial institutions, we realized that a segment of business would go unserved. 21st Century Bank decided to step up and fill that role within the Minneapolis – Southern metro.

Providing Financing Expertise to Support Developers and Builders
Here at 21st Century Bank, we provide customers with big bank sophistication and product offerings alongside the speed and close-knit relationships of a smaller bank. When it comes to our residential development and home building division, we believe customers deserve lenders who can provide a high level of experience, along with viable financing solutions for your project

Our Team

Phil Hocking, Senior Vice President, leads the team. He, along with Casey DeWalt, provide service to builders and developers throughout the Twin Cities area with the entire lending process, from approval to closing. They also fund loan originations and provide construction draw management. With the buildout of his highly trained team, “We’re a resource for our clients,” said Phil. “And here at 21st Century Bank, we’re in this for the long run, not just to ride this latest real estate peak out then get out of the business. This is a long-term strategy for us.”

Casey DeWalt, Assistant Vice President, has a track record of developing out-of-the-box financing options to help businesses achieve success. Here at 21st, he helps builders with the complete lending process, including approval, closing, funding loan originations, and construction draw management.

For the past 20 years, Casey has set, and continued, a high standard of service. With each financing package, he invests time in listening to customers and understanding their stories and financial goals – finding innovative ways to make the deal work.