What is the process for financing my log home?

We have had customers pay in cash for their homes, but generally, most of our customers go through the financing process. Securing your financing is important, and with the ever-changing rules/regulations that banks have, it is best to get the finance-ball rolling sooner than later. Be careful not to work backwards when it comes to financing. Instead of spending time designing the home and meeting with different companies, it is best to first find out how much you can borrow and then design your home to that budget. Your conversation with the financial institution will dictate the rest of your planning.

Ultimately you will be obtaining a construction loan and a mortgage. The construction loan is needed for the construction materials and the labor for your home to be built. When the house is complete and you have received a Certificate of Occupancy, the construction loan is replaced with a mortgage loan.