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What type of loan do I need to build a new home? What are the different types of loans available?

April 26, 2017build different Home loan Loans type types

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What type of loan do I need to build a new home? What are the different types of loans available?

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We can work with any type of loan that fits your financial needs. Construction Loan — is paid to the builder in increments at certain times of the building process. Committment Loan — is a promise from the Lender that you will have the loan at the end of construction. FHA or VA Loans — are loans through the Federal Government. Your New Homes Sales Representative can assist you in finding a Lender that’s right for you.