Are you planning on building a custom home in Los Angeles? This process is both exciting and overwhelming so it’s important to stay organized and keep your expectations realistic. There are many moving parts when building a home – a lot of things need to come together to make things happen. And when they do,
Overview Of New Construction Mortgage Programs In California If you are evaluating building a new construction instead of purchasing an existing one, it is helpful to learn about the mortgage programs on the market. Financing new homes is somewhat different than buying an existing one. The terms, rates, and process may differ. Here are some
New Construction Home Loans Basics | California New Construction When buying a home directly from a builder, a complicated construction loan is not normally required. Builders often support the construction stage so that you can use a conventional home loan after the home is finished. Although this makes the home loan process much easier, there
Construction Mortgages From FHA For California Properties If you have chosen to build a new property instead of purchasing a resale, you may mistakenly assume that a conventional loan is the only alternative. You may be surprised to learn that FHA has options for construction! There are several notable differences between conventional and FHA construction