The Basics of Simple Construction Financing

Saying that building a home starts with finding the right location and ends with moving in is quite simplistic. The truth is that in between finding the location and finishing the home, a lot of underlying processes take up much time, money, and energy. Educating yourself on the things that you need to know – [...]

10 Things to Remember During the Closing Process

When in the closing stages of building your home, there are a few things you should remember. These are the things that new homeowners typically forget but are also the things that are very important in making sure that things will run smoothly after you’ve moved in.

Make sure you know all the details about the [...]

Keeping Up With Kitchen Cabinet Trends

The kitchen is undoubtedly a focal point for a lot of homes today. This is the place where families are most likely to gather and make memories over dinner conversations. Builders need to get up to date with consumer preferences when it comes to kitchen structure and design.
Biggest Selling Point
How a kitchen looks can be [...]

Plan a Household for Pets

Many families these days share the warmth of their homes with pets which they treat as a part of their family. According to popular surveys, more than half of American homes have pets. These homes provide shelter for a total of about 77.6 million cats and 65 million dogs. Of course, for home owners, owning [...]

Things to Consider When Choosing a Location for Your New Home

Choosing a location for the construction of your new home is a very important step. Your decision to build your home on a specific location will affect your future home life, the kind of changes you can make to your home someday, and its future resale value should you want to sell it. Here are [...]

Building a Family Home

Most people who are in the market for a new house these days build homes for the purpose of having a permanent place to settle down with their families. With the fast-paced lives that people live these days, it’s no surprise that most people are looking to settle down in a place where they can [...]

Permits and Plan Check

It is important to understand the importance of permits. While this may seem common sense to many, it is not uncommon for an owner builder to experience significant delays for lack a plan approval form their county. Delays cost the owner builder valuable time and money. Research your local permitting process early. Lenders will not [...]

Estimating Construction Costs

Getting Started
Before working on your construction costs you should have the following items completed:

Pre-qualification for a construction loan Not because Home Construction Capital gives you access to the nation’s best construction loans, but because without this you don’t know what you can afford.  All your work could be for naught if you can’t afford the [...]

Credit and Construction Loans

Most traditional construction loans require a 680 credit score or better for qualification.  Some niche lenders offer loans on scores less than 680. These loans typically charge higher interest rates and require substantial equity, or money down.  Making a tough situation even worse, loans with less than 680 credit scores loans require 15% of total [...]

Construction Loans and How They Work

Construction to Perm (CTP) Mortgages, One-Time Close
Construction to perm loans are essentially 3 loans in one, land loan, construction loan and permanent loan in one transaction. These loans have obvious advantages in that you don’t have to close three times saving you time and closing costs. At closing you purchase your land and extended a [...]

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