Getting a Home Loan for a Newly Constructed Home (2024)

If you have your eye on a newly constructed home or a home that's nearly complete, we're here to help.

Buying a newly constructedhome can involve lots of exciting choices and unique opportunities.

If you have your eye on a newly constructed home or a home that’s nearly complete, contact us today about a home loan for newly constructed homes.

You'll also have the support of a strong builder home financing team with a nationwide network, along with products and programs specifically designed to meet your needs when you're purchasing a newly constructed home.

What to expect during the home loan process for newly constructed homes

• There may be several months after you sign a purchase agreement before your home is move-in ready. To keep your information current, we might ask you to submit it more than once.
• If you're worried about interest rate changes while your home is being built, ask your home mortgage consultant how our Builder Best^® Extended Rate Lock program can help protect you while your new home takes shape. Lock down a range of interest rates for 6 to 12 months on a variety of loans with a required, non-refundable extended lock fee.
• Ask your mortgage consultant about the new construction process.