Everything at LaBram Homes is custom, including the financing. The second step in the LaBram Homes seven-step custom home building process is financing. The financing process may seem intimidating at first glance, but Ken Sale, a preferred lender for LaBram Homes, will help you through every step of the process.
According to Ken, “Every custom home finance plan varies, but we are here to help bring your dreams and your budget together into reality.” LaBram Homes will work to align your individual home building needs into your overall financial plan.
Ken is experienced at construction financing and will be ready to help answer any questions you may have. Using his expertise he will guide you through the financing journey and help you plan while identifying all the financing options and details.
LaBram Homes clients most often use Construction-to-Permanent loans. A Construction-to-Permanent loan starts off as a construction loan, then becomes a mortgage loan once you close on your new custom home. A Construction-to-Permanent loan has many advantages, some of those being one single closing, reduced fees, and interest-only payments during construction.
How do Construction-to-Permanent loans work with LaBram Homes? Our lending partner helps convert your construction loan into a mortgage after your custom home is completed, from there it works just like any permanent mortgage. At the time of the loan conversion, you can decide if a fixed or adjustable-rate loan is better for you.
In short, don’t let unknown financing challenges scare you away from building your custom dream home. LaBram Homes and their lending partners are experienced and ready to help you through the entire process, start to finish.
Contact LaBram Homes today to start building your dream home.