The Basics About Construction Loans
Learn about the financing terms, structuring payments for the loan, and common types of construction loans…plus the common documents needed to apply for a construction loan.
Learn about the financing terms, structuring payments for the loan, and common types of construction loans…plus the common documents needed to apply for a construction loan.
Use this helpful resource to start mapping out a path to building your custom home! A feasibility review is an essential tool that allows you to determine where to build, what it will look like, what features will be included, & about how much it will cost.
Once the plans have been completed, it is time to meet for a pre-bid meeting with your selected contractor. Read this article for an overview of the bidding process. Keep in mind that the bidding process may span over a month, so be patient.
After receiving a written estimate from the builder, it is time to secure financing for construction. This article provides key resources and guidance about obtaining financing, along with what to expect during the process.
Learn what to expect in the final steps of the custom home building process. We cover insurance issues, loan closing dates, setting a start date for construction, and how to manage the details once construction begins.
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