Construction Loans

Construction loans are different from regular home loans. We’re here to ensure your building project is financially backed every step of the way.

• Understand the Progress Payment System: Construction loans release funds in stages as the building progresses. We’ll guide you on when funds will be released.
• Get a Fixed-Price Contract: Avoid unexpected costs by locking in a fixed-price contract with your builder.
• Know When Funds Are Released: We’ll explain the stages of funding and how to keep your project on track.
• Set Aside a Contingency Fund: We recommend setting aside extra funds to cover unforeseen expenses during construction.
• Choose a Reliable Builder: While we can guide you in ensuring your financing aligns with your project’s timeline, it’s essential to choose a reputable and trustworthy builder. Their reliability and experience play a key role in keeping your project on track and within budget. We recommend conducting thorough research and seeking references before making a decision.