What are lot loans?
Contact Us: 1-(855) 782-7346 Sign In When homebuyers are on the market for a home, they might decide the best option is to build one. This gives them the most control, since they can build their home the way they want. But there are costs associated with it. Homebuyers will have to determine the type […]
Should I Get a Home Renovation Loan?
Contact Us: 1-(855) 782-7346 Sign In With a higher demand for housing and not much inventory on the market, homeowners have begun to turn inwards to meet their housing needs. The Coronavirus caused many businesses to rethink how employees can be utilized in the workplace, in-person and at home, and because of this, homeowners began […]
What to Know Before Taking Out a Home Construction Loan
Contact Us: 1-(855) 782-7346 Sign In The housing market has been heating up for the last ten years. As a result, homes have nearly tripled in cost, and many who could traditionally afford to buy a home have to rent instead to keep costs down. Because of this, there’s been a surge in people looking […]
What is a Manufactured Home?
Contact Us: 1-(855) 782-7346 Sign In Manufactured homes are built in a factory. They arrive at the property pre-built to ensure efficiency, affordability, flexibility and portability. There are a few differences that might make them more or less desirable than their modular or stick-built counterparts, which we will discuss in the rest of this article. […]
What is a Modular Home?
Contact Us: 1-(855) 782-7346 Sign In Modular homes, also known as factory-built or prefabricated homes, are one of the many options homebuyers can build when they choose a construction loan. There are a few differences than stick-built and manufactured homes. In this article, we are going to look at some of the reasons buyers may […]
What is a Stick-built Home?
Contact Us: 1-(855) 782-7346 Sign In When homebuyers choose to build a house, there are three types of homes to choose from: manufactured, modular, and stick-built. The most traditional method of building a house is referred to as stick-built, which means the house is built from the ground up. A lot of homebuyers learn about […]
What is a Construction-to-Permanent Loan?
Contact Us: 1-(855) 782-7346 Sign In Construction-to-Permanent Loans are used to finance the labor, materials, and build of the house. Once the house is built, the loan rolls into the mortgage. Qualifying standards are more difficult, and rates under this type of loans are a lot less flexible than other loan types, such as construction-only […]
What is a Construction-only Loan?
Contact Us: 1-(855) 782-7346 Sign In A construction-only loan is used to finance the build of a house. This is not a mortgage. It is strictly for the materials, labor, and construction of the house. Because homebuyers are not purchasing an established residence, qualifying standards are more difficult. But this gives buyers the freedom to […]
What Can Homebuyers Build With a Construction Loan?
Contact Us: 1-(855) 782-7346 Sign In When homebuyers are on the market for a house, they are usually limited to available properties. The market is determined by outside influences. Sometimes inventory is low. Building a house gives homebuyers the freedom to build it the way they see fit. To do this, homebuyers need a construction […]
The Future of the Homebuying Experience
Contact Us: 1-(855) 782-7346 Sign In The future of homebuying is the digital experience. This is due to customer behavior. Because customers determine the strategy behind a product’s marketing plan. And customers are turning to the internet for their answers. With the integration of digital technologies driving the user experience, companies need to better understand […]
