New home construction and builder loans

We’re selective of the new construction appraisers we work with, so you can expect more accurate appraisals. Our approved list of independent appraisers are highly experienced with valuing new construction properties and can take builder upgrades into account.

Homes under construction can be subject to pricing changes before they’re finished, which gives some lenders headaches. Our team handles nothing but loans for construction buyers like yours. Our processors understand builder contracts, earnest money and seller-paid closing costs, and can expertly manage change addendums.

We submit all loans we fulfill for our builders to underwriting right away, even if funds from outside sources aren’t immediately available. If your buyer needs to sell another house, liquidate some investments, or accumulate more savings for a down payment, we understand. Our underwriters will review the fund source documentation closer to closing.

Final inspections and issuing the Certificate of Occupancy (C.O.) can occur prior to the scheduled closing. To help ensure we keep closings on track though, we will release the closing package (not the funding) without a final inspection or C.O.

We stick to timelines and expertly navigate changes to it as required by the TILA-RESPA Integrated Disclosure Rule (TRID). We get the Closing Disclosure into the borrower's hands at least three days prior to Closing to keep things moving smoothly right to the end.