Financing the Custom Home Purchase
Typically, custom homes are constructed using “construction to permanent loans” LHI will assist the homeowner with all the necessary documents needed to finalize the loan process. It is important to select a financial institution that specializes in these loans since loan packaging and servicing during construction loans are more complicated than the standard 30-year mortgage. The option of having Lawrence Homes take care of the construction loan and have the homeowner purchase the home at the end is available and can be discussed at our follow up meetings.
