STEP 1: Preliminary Research

STEP 1 – Preliminary Research

  • Have at least some idea on what type of home you want to build (Site Built, Modular or Manufactured) and a general idea on the area you want to build.
  • Do a little homework on available land costs if purchasing land
  • Visit a builder, or a modular/manufactured home dealership. Get some ideas on size, floor plans, options and costs


STEP 1 - Preliminary Research

 


ONE-TIME CLOSE CONSTRUCTION FINANCING

The One-Time Close Construction Loan is a home mortgage that can be used by the borrower to close both the construction loan and the permanent financing of a new home at the same time.  The loan is closed one-time, upfront, before any construction begins simplifying the process and saving money.