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.
Important Warranty Information
Many customers are not aware of what is in the warranty they are getting until the end of the project. We discuss your warranty up front, we then walk through the home with the owner to review construction finishes and details along with the review of all the appliances and equipment systems. In choosing your contractor, you should focus carefully on the builder’s reputation of honoring their commitments to the owners once they have been paid and the owners have occupied the home.