Financing Your Custom Home Part 3: Applying for Your Construction Loan

So you’ve identified the best type of construction financing for your new home. Great! If not, be sure to read Part 2 before you continue.

One of the things you may find when you start calling around to local banks and institutions about a construction loan is that many institutions do not offer them. Do not be discouraged! Keep calling; make sure to ask for the construction loan officer or whoever handles those types of loans.