In starting the new home building process there are four important steps in the beginning.
- If you are planning on financing your home, deciding on a lender and getting pre-approved for the financing is the first step.
- Once you are pre-approved you can begin shopping for a building lot and house plan.
- Finally you can select building contractors to receive quotes from for your new home building project.
- Once you decide on a building contractor you will return to your lender with house plans and the builders quote in hand. The lender will then approve the building plans and price and issue you a construction loan.
With the construction loan you and the builder will begin your new home.
