Questions to Consider Before Applying for Construction Financing
Home & Construction Financing
Whether you've recently purchased property or you've got your sights set on a parcel of land, it is never too early to start thinking about building your dream home. Regardless of the timeline on your build, there are important questions your lender is likely to ask that you’ll want to be prepared to answer.
Farm Credit offers several home construction loan products including short-term construction, construction-to-permanent financing and owner builds. Let us be your guide. Contact us online or give us a call at 1-800-919-3276 to learn more and talk construction financing with a local lender.
1. What type of home are you building?
- Stick built
- Modular home
- Manufactured home
- Other?
2. Who is building the home?
- Class A contractor
- Modular home dealer
- Yourself, as acting general contractor
3. Where are you building the home?
- Pre-owned lot
- Purchased land with construction loan
- City or county?