Construction
Sometimes the right house that matches all the items on your wish list just isn’t on the market. Building a custom home can be a very rewarding process. We’re here to make it as painless as possible.
Dream to Build
We don’t know how to actually build a house, but we do know the construction loan process. Our Dream to Build program was designed with you in mind - streamlining the process of building your dream home. Four simple phases and you’re done!
Step 1: What can I afford?
The first step to building a new home is determining what you can afford. Through a quick meeting, we can discuss the equity you have in your current home, determine how much house you can afford to build, and what your new monthly mortgage payment would be.
Step 2: How do I purchase a lot?
Location, location, location. Finding the perfect lot is just the beginning. Through personal savings, equity in your current home, or a specific lot loan, we will work with you to see if you can buy that prime lot with a view.
Step 3: How do I pay for the construction?
Construction loans work a little different than your typical mortgage. Before you have any collateral, you are preapproved for a loan amount. As building expenses come up, you can take small amounts of this loan out to pay for the progress - just remember all the small $100 upgrades will add up!
Step 4: Is it time to move in yet?
Once your house is complete, we roll the construction loan over to a normal fixed rate loan. This is where we’ll finalize all the details, lock in your rate, and sign the final papers. We make the entire process painless, and now it’s time to move in!
