Congratulations on deciding to build a custom home. It is an exciting decision that you will not regret. To many people, one of the more intimidating and less exciting elements of designing and building a new home is arranging the financing. Winslow Homes seeks to make this as easy and pain-free as possible. After building custom homes around Wake Forest, Raleigh, Youngsville, Rolesville, and the greater Triangle for many years, we have the process down to a science.
Winslow Homes’ priority is to build a custom home you can enjoy, not to sell you on a particular financing method. We are very flexible and will help you arrange for financing in whichever way is optimal for your situation.
If at all possible, this option will simplify the process for the future owner. There will be no need to transfer ownership after the build or to refinance at various points.
Another very common method of financing is to seek a loan from a lender, like a bank or other financial institution. This is beneficial because you can create a relationship with one lender and refinance the construction costs into a mortgage after the completion of your home.
You can also receive financing through your builder. We can finance the construction costs and bear the loan during the building process. You can learn more about who should bear the construction loan here.
There are several programs in North Carolina that first-time homebuyers can take advantage of. From FHA loans to the NC Home Advantage Mortgage, you have options!
To find the best mortgage for you, speak to your lender!
Building your dream home should be a freeing experience that provides you with as much house as you can support and nothing more. Winslow Homes can help determine what you can afford and also which method of financing is right for you. If you’re in the greater Wake Forest area and are thinking through how to finance your dream home, please give us a call at 919-556-4700.