Construction Loan

A short term loan used to finance the cost of building a home. They are reflective of the time needed to build your home; typically ranging from six months to a year.

Requirements for Construction Loans

Requirements For Construction Loans

  •  Choose your home with Homes Direct
  • A notarized copy of the deed for the land you’re buying on. If you’re buying the land, bring a copy of the purchase agreement.
  • Plans & specifications
  • Construction contract
  • Federal Tax Returns (1040s) for the last 2 years
  • Bank Statements from the last 2 months
  • Most recent pay stubs
  • W-2s from the past 2 years
  • Call Starboard Financial for prequalifications


  • Flexible construction terms available
  • Simple builder approval process
  • Interest-only payment during the construction phase
  • Wide variety of long term loan programs to choose from

About Homes Direct

An industry awarded retailer by several manufacturers, Homes Direct believes customers should be treated the right way. The Homes Direct staff has the expertise to make the process of moving into a new custom manufactured home incredibly simple! There is absolutely no haggling and education is at the forefront of the home buying journey for each Homes Direct customer.

Step 1 – Choosing a Location

Finding a good location will determine a lot of the costs and options available to you.

Mobile Home Park: necessary to determine the maximum dimensions for the space being looked at

Open Land: make sure a manufactured home can be placed there

Second Dwelling on Existing Home Property: find out from the city/county the maximum size allowed

Step 2 – Select a Home

This is the fun part! You will choose a manufacturer available to your area, find a floorplan that works for your family, customize options/colors, and verify dimensions/square footage for where the home will be located.

Step 3 – Arrange Financing | Permits | Site Preparation

Homes Direct requires a fully refundable deposit to lock in the price of the home and then they can help arrange financing if desired. Homes Direct can also help in obtaining permits, which can often be a frustrating and time-consuming process when going at it alone. The site where the home will exist needs to be ready before the home arrives. This means any foundation that needs to be built, utilities that need to be turned on, and permits necessary will need to be completed BEFORE the home is ordered from the factory.

Step 4 – Order Home

Once ordered, it generally takes 60-75 days for the home to be move in ready.

Step 5 – Install Home

Homes Direct will be with you to make sure you are 100% satisfied with the installation and finishing of your new home. There will be a initial walkthrough with a Homes Direct technician and then a final inspection with the city/county.