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Lending Team|Personalized Mortgage Experience
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Building a Home
Know how construction financing differs before you sign a builder contract.
In this path
- 01How does financing a new build actually work?Either the builder finances construction and you close once at completion, or you take a construction loan that draws in stages and converts to a permanent mortgage.7 min read
- 02Should I use the builder's preferred lender?Sometimes, but only after you compare a full loan estimate against an outside lender, incentives included.5 min read
- 03Why do build timelines slip, and how do I plan for it?Permits, weather, inspections, and selections are the usual causes. Plan your housing and your rate lock with a buffer of sixty to ninety days.5 min read
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