Financing | Pinefield Homes

We believe every step of the home buying journey should be a joyful experience.

Let our experienced team be your guide. We’ll answer all your questions about the financing process and ensure it’s as simple and stress-free as possible. We’ll work with you every step of the way to ensure you the best financing package possible.

Ready to start construction for your new home but not sure where to begin?

We're here to help!

Building a new home one is of the most significant investments you'll ever make. While you can always pay cash for your new home, many buyers choose to finance.

If you already own land, the good news is, you may be able to use land-equity in lieu of a cash down payment! If you plan to finance your Build On Your Land purchase, we highly recommend you obtain a Construction to Permanent Loan, which offers the ease and convenience of a one-time loan closing.

A Construction to Permanent loan provides financing for both the land and the home and you will have the option to amortize this loan for up to 30 years. Whether you own the land or are financing the land, you can finance your home purchase with this convenient loan.

1

CHOOSING YOUR LENDER & FINANCING THE LAND PURCHASE

As you begin your homebuilding journey, it’s important to partner with a knowledgeable lender who understands the nuances of financing a custom construction project. At Pinefield Homes, we work closely with a network of reputable mortgage professionals who specialize in …
2

GETTING APPROVED

The approval process for a Construction-to-Permanent loan is much like applying for a traditional mortgage. Your lender will review your credit history and credit score, and you’ll need to provide documentation of your income, assets, and liabilities.
3

CLOSING THE LOAN

Both you and your builder are responsible for signing documents in order to keep the process moving. Once all documents have been signed, funds will be issued in "draws" throughout the process. After construction loan closing, construction begins! During the …
4

TRANSFERRING TO A PERMANENT LOAN

Once construction of your home is complete, your lender will disburse the final "draw", the final inspection is completed and the Certificate of Occupancy is issued. Once all of your construction payments have been recieved, you are ready to move-in …