How Does Financing With Homestead Homes Work?
Instead of house hunting for a new home with a realtor, touring multiple existing homes knowing you are still going to have to customize it for your family, and spending a large chunk of your earnings on a mortgage… Have you considered building your own home? Do you have questions about the financing piece to the process? Unsure of how to get approved for a loan to build a house yourself?
What Financing Company Does Homestead Work With?
At Homestead Homes, we have our own construction loan company, Lincoln Financial, so you don’t have to search for lenders to approve you for a loan to build your dream home. We have been helping improve our customers’ credit ratings and financing our customers’ construction projects since 1995.
Best of all, since our financing company and our new home consultants can work together, they can walk you through the process seamlessly.
How Does Homestead Help Improve Credit?
Our new home consultants and mortgage professionals will work with your personal financial situation so that if you are unable to qualify for a loan today, we can show you how to improve your credit to qualify at a later date.
If your credit isn’t sufficient today, we will outline the steps necessary to get credit approval at a future date.
Why Does Homestead Care So Much About Your Building Project?
Since we also provide the financing to build your own home, we have a vested interest in your ability to complete the home and get a permanent mortgage to pay off the construction loan. We won’t just deliver your materials and leave you to figure out what to do with them. We will guide you every step of the way until the completion of your home.
From planning, budgeting, subcontractor selection, to technical questions, we are there for you every step of the way. Throughout the building process, your new home consultant will be calling on you to see how the building process is going, reviewing your project budget with you, and conducting site visits to check on the progress of your new home.
If anything unexpected comes up, he or she is just a phone call away. Because we have our own financing company, we do not leave you hanging to get a construction loan to build a house yourself.
How Can You See If You Qualify?
If you’re interested in seeing how much building with Homestead can save you compared to what you are currently paying, try out our custom Mortgage Calculator.
At Homestead Homes, we have been helping people design and build their dream homes since 1995. We provide you with a road map to build your own home and our expertise, and let you make all the decisions from there. We are currently building throughout the Midwest in Colorado, South Dakota, Nebraska, and Iowa. We would love to help you today in achieving your dream of building a home yourself. Contact us for more information!