Construction
Questions about building a home.
Questions
How does financing work when you build a home?
Construction financing is typically released in stages as the build progresses, and there is a defined transition once the home is complete.
Because timelines and draw schedules depend on the builder and the program, plan the conversation early with a Boss Mortgage loan originator.
Does my builder matter to the lender?
Yes. Construction programs review the builder, the plans, the budget and the timeline in addition to the borrower.
Bring your builder details to your first conversation so nothing is a surprise later.
Related programs
Still have a question?
Every situation is different. We’ll help you understand your options and what may fit your goals.
This page is general information about mortgage financing and is not a commitment to lend, an offer of credit, or financial or legal advice. Program availability, guidelines and requirements are set by lenders and investors, can change, and depend on your individual circumstances and the property. Talk with a licensed Boss Mortgage loan originator about what applies to you.
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