1
Pre-Qualification
Confirm the loan amount you qualify for.
- We review your income, assets, and credit to confirm your range.
- You receive a clear target budget to plan the build.
2
Talk To A Builder
Get a rough cost to build what you want.
- The builder provides an initial budget range based on your plans.
3
Confirm Numbers
I verify builder cost and your assets to give a green light for land shopping.
- We align the build budget with your loan and cash to close.
- Once confirmed, you are ready to shop for land.
4
Find Land
Skip this step if you already own the land.
- Land can be purchased separately or at the same time as the construction loan.
5
Finalize Plans And Bid
Architectural plans are completed with a final builder contract and cost breakdown.
- Final plans and specifications are locked in for appraisal and underwriting.
6
Appraisal And Underwriting
The appraisal is based on plans and budget while the loan is fully underwritten.
- We order the appraisal using your final plans and specs.
- Underwriting reviews the full file for approval.
7
Final Approval And Close
The loan closes and construction funds are set up.
- Funds are placed into a construction draw account.
Important: No work can start before closing. Starting early can jeopardize the loan due to title issues.
8
Construction Begins
Funds are released in draws as work is completed.
- Draws are released for milestones like foundation, framing, and completion.