Construction

Young couple talking with their developer and looking at blueprints of their future home.
August 25, 2023

How to Qualify for a Land and Construction Loan

The requirements for a construction loan do not differ significantly from the requirements for other “conventional” mortgages. You might be surprised to learn that building your family’s home, rather than buying, is closer to reality than you think. Many applicants

Construction
Young family enjoying their day on the beach next to their vacation home.
August 24, 2023

How to Use a Construction Loan for a Second Home or Vacation Property

Are you looking to purchase a second property but aren’t sure whether to build your own or renovate an existing one? In either case, a construction loan may be your best option. Construction loans are ideal for homeowners looking to

Construction
Two men looking over blueprints at a construction site.
August 17, 2023

How to Make the Most Out of Your Home Builder Loan Options

There are a few situations that might lead you to choose a builder loan (commonly known as a construction loan). You don’t need to build an entirely new structure on undeveloped land. Home builder loans are also available to qualified

Construction
couple reviewing their documents on their couch
August 1, 2023

When is a down payment due for a construction loan?

Understanding and planning for upfront loan costs are one of the best things you can do to prepare yourself when buying a home—financially and emotionally.  If you’re planning to build a new home from the ground up or renovate your

Construction
Man and woman couple walking through home construction and discussing building plans
May 25, 2023

What to Expect When You Build Your Dream Home: The 5 Stages of a Construction Loan

Picture this: You’re house hunting in a market where all that’s available are houses in need of renovation, outdated, and have been crafted in someone else’s vision. There’s a way to bring your own vision of your dream home to

Construction
Man and woman smiling and shaking hands with builder
May 15, 2023

Make the Most of Your Home Equity Construction Loan Options

There are a few situations that might lead you to choose a home equity construction loan. Maybe you have lived in your home for 30 years and want to add a garage, or maybe you’ve bought a new second home

Construction