FINANCING YOUR NEW HOME

Below we have provided general information about the home financing process. Please keep in mind that not all lenders offer all programs and many have their own special requirements for financing. Please contact our office for additional information.

LAND PURCHASE & PAYOFF

Lenders may require some or all of your land purchase price to be paid prior to building on your property. If you do not own land yet, it is a good idea to pre-qualify to help you budget for your land purchase and the cost of construction.

PERMANENT FINANCING vs CONSTRUCTION LOAN

Permanent Financing occurs after the construction of your new home is completed and ready for move in. A Construction Loan pays for costs of construction during the building process. Our Preferred Lenders will be happy to assist you in obtaining either a Construction Loan (if you are obtaining financing) or Permanent Financing (if we are financing your project).

WE CAN FINANCE THE CONSTRUCTION OF YOUR NEW HOME

This process makes it fast and simple so you can move into your new home sooner. Please contact our office for details.


Our Preferred Lender:

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Lacey Cummings Relationship Manager NMLS ID: 1622392 | Direct: 706-858-1567 | Cell: 423-595-6571 Email: lacey.cummings@bxs.com

BancorpSouth BancorpSouth | 6345 Hwy 41 | Ringgold, GA 30736