How a Builder's Mortgage Works
A Builder's Mortgage works differently than a mortgage for a home that's already built. When you're building a custom home, the money is advanced to you at four stages of the construction.
Interior finishing completed
Final inspection, home is complete
Some custom building projects are more complicated and need extra advancement stages. If that's the case, we can work with you as well. Just meet with our lenders and we'll be happy to discuss your options with you.