New Construction

• ONE Closing vs 2 (save $)
• Need building plans
• Close on the lot - followed by multiple draws
• Start with interest only
• After the last draw converts to fixed conventional (P&I)
• Competitive Rates

We offer a list of lenders with competitive rates.

It's important to have a clear understanding of your budget, timeline, and design preferences before beginning the process. This will help you to make informed decisions throughout the project and avoid any unexpected expenses or delays.

When choosing a builder, it's important to do your research and select a reputable and experienced professional who has a track record of successfully completing similar projects. You should also ask for references and check online reviews to get a sense of the builder's reputation and level of customer satisfaction.

Securing a contract that outlines the scope of work, timeline, and costs is also crucial for ensuring that the project stays on track and within budget. Be sure to review the contract carefully and ask any questions or raise any concerns before signing.

Throughout the construction process, it's important to stay in communication with your realtor who will ensure the builder is performing and can help monitor progress regularly to ensure that the project is proceeding as planned. Making decisions about every feature and element of the new structure can be overwhelming, but working closely with your builder, realtor, and design professionals, can help to ensure that you create a home that meets your needs and preferences.

Additionally, it's important to check that the builder is licensed and insured. Ask to see their license and insurance documents and verify their authenticity with the relevant licensing board or insurance company. You should also check their reputation with local authorities and professional organizations, such as the National Association of Home Builders.

When talking to one of the builder’s former clients, ask these questions:

• When did you work with the builder?
• Did they stay within budget?
• Did the final result meet your expectations?
• Did they complete work on schedule?
• Do you have any advice for someone who’s considering signing a contract with this builder?

It's also a good idea to ask about the builder’s experience with the specific type of home you want to build or remodel. Some builders specialize in certain styles or sizes of homes, so you'll want to make sure that your builder has experience with your particular vision.

Finally, make sure you feel comfortable communicating with the builder and that they are responsive to your questions and concerns. Building a custom home is a collaborative process, so you want to make sure you can trust and effectively communicate with your builder throughout the entire project.

Tips for preventing delays and unexpected costs when building a home. Here are some suggestions:

1. Plan for contingencies: Even with the best-laid plans, unexpected issues can arise during the building process. It's a good idea to budget for contingencies to cover unforeseen expenses, such as weather delays, material shortages, or design changes.

2. Choose a reputable builder: Before hiring a builder, do your research. Look for someone with a solid reputation, positive reviews, and experience building homes similar to yours. Ask for references and speak with previous clients to gauge their satisfaction with the builder's work.

3. Keep communication open: Communication is key to a successful building project. Make sure you have clear lines of communication with your builder, and don't be afraid to ask questions or voice concerns. Regular check-ins can help ensure that everyone is on the same page and that the project is progressing as planned.

4. Consider energy efficiency: Building an energy-efficient home can save you money in the long run on utility bills. Talk to your builder about incorporating energy-efficient features, such as insulation, windows, and appliances, into your home design.

5. Don't skimp on quality: Cutting corners on materials or workmanship may seem like a cost-saving measure, but it can end up costing you more in the long run. Choose high-quality materials and reputable subcontractors to ensure that your home is built to last.

Building a home can be a stressful and time-consuming process, but there are steps you can take to mitigate your risk and set clear expectations. Here are a few tips:

Work with a reputable builder: Do your research and choose a builder with a proven track record of success. Check their references and ask to see examples of their work or view one of their model homes to see their quality of work.

Get everything in writing: Before construction begins, make sure you have a detailed contract that outlines the scope of work, timeline, budget, and any contingencies or potential issues that could arise. A good contract is key to mitigating risk when building a new home. An experienced real estate agent can help you review and negotiate the contract to ensure that it includes clear timelines, costs, and contingencies for unexpected issues. By including these details in the contract, you can hold the builder accountable for meeting the agreed-upon terms, and limit your financial exposure if something does go wrong. Additionally, having a real estate agent on your side can help you navigate the complex process of building a home, and provide you with valuable guidance and support throughout the entire process.

Stay in communication with your builder: Keep the lines of communication open with your builder throughout the construction process. Regular check-ins and updates can help you stay informed and prevent any misunderstandings.

Be realistic about timelines: Understand that building a home takes time, and delays can happen due to weather, permits, design changes, and other factors beyond your builder's control. Be realistic about your expectations and understand that there may be some delays.

Keep an eye on the budget: Be mindful of the budget throughout the construction process, and don't be afraid to ask questions if you see costs escalating beyond what you expected. A good builder should be transparent about costs and keep you informed of any changes or unexpected expenses.

By taking these steps, you can help ensure that your home-building process goes as smoothly as possible and that you end up with the home of your dreams.