Construction

Financing Options

Here at Boverhof Builders, Inc. we have 2 financing options. 

Option #1: Boverhof Builders, Inc. Funded

 

This option gives you the freedom of building your home without the head-ache of a construction loan. 

The process includes:

  1. Designing a Home

  2. Agreeing on Price/Signing Contracts

  3. Down payment/Pre-approval Letter

  4. Boverhof Purchases land

  5. Boverhof Builds your house

  6. After completion, you purchase home with an end mortgage

 

Financing your next home has never been easier, with this option. Boverhof Builders, Inc. is excited to help you finance your next home.

Option #2: Owner Construction Loan

 

Want to watch your own money? Getting your own construction loan is the answer. Although this option costs more upfront, it allows you take control. This option is popular for customers who own their property already. Please remember that if you own property already, Boverhof Builders can still hold construction loans.


This process includes:

  1. Designing a Home

  2. Agreeing on Price/Signing Contracts

  3. Down payment/Pre-approval Letter

  4. Preappraisal

  5. Closing on construction loan

  6. Boverhof builds your house and makes draws on your loan

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