Building and Financing Your Dream Home

ourcustomhouse

At our core, we understand that building your dream home is a significant milestone. That’s why we offer personalized financing solutions designed to meet your unique needs and bring your vision to life, one home at a time.

At Our Custom Home, we are committed to turning your dreams into tangible realities. Whether you’re starting from scratch to construct your perfect home or looking to buy the home you’ve always envisioned, our comprehensive lending and financing solutions are crafted to make your dreams a reality, one brick at a time.

When financing your dream home, it’s crucial to consider several key factors to ensure a smooth and successful process. Start by assessing your budget to determine how much you can afford, including not just the mortgage but also property taxes, insurance, maintenance, and potential homeowner association fees.

Evaluate different loan options, such as fixed-rate and adjustable-rate mortgages, to find the one that best suits your financial situation and long-term plans. Additionally, check your credit score and work on improving it if necessary, as this will affect your loan terms and interest rates. Don’t forget to account for closing costs, which can include appraisal fees, title insurance, and attorney fees. Consulting with a financial advisor can also provide valuable insights and help you navigate the complexities of home financing.

Tailored Financing for Dream Homes

We recognize that financing a custom build or purchasing your dream home is a major financial undertaking. To support you, we provide a variety of financing solutions customized to your unique needs and circumstances. Our team of experts will collaborate with you to identify the best available options, ensuring that your dream home is attainable.

Building Your Dream Home

When building a custom home, Our Custom Home is your go-to partner for securing the essential funding to realize your vision. Whether you need construction loans or mortgage financing, we possess the expertise and resources to ensure your architectural plans evolve into the home of your dreams.

Purchasing Your Ideal Home

For those looking to purchase their perfect home from the market, our financing options include traditional mortgage solutions with competitive rates and favorable terms. We simplify the lending process, ensuring a smooth and efficient path to securing the keys to your new home.

Comprehensive Loan Types

Our Custom Home provides an extensive selection of loan types, such as fixed-rate mortgages, adjustable-rate mortgages, FHA loans, VA loans, jumbo loans, and more. Each option is meticulously chosen to align with your specific needs, empowering you to select the loan that best suits your financial circumstances and objectives.

One-Time Close Loan: One-time close loans are an appealing and convenient option for new home construction. They enable you to combine the costs of purchasing land and construction labor into a single mortgage, eliminating the need for separate loans for each expense.

– Reasons/Highlights:

Conventional, Jumbo, FHA, VA, USDA, and refinancing available
Down payments minimums vary
One-time close eligible

Conventional Loan: When it comes to home financing, simplicity is key. Our conventional loans are the preferred choice for those with excellent credit who want to avoid unnecessary fees, making the purchase and refinance process straightforward and efficient.

– Reasons/Highlights:

Down payments as low as 3%
Credit scores as low as 620 may be accepted
Fixed-rate mortgages can simplify budgeting
Adjustable-rate mortgages can offer lower initial payments
Easier to get rid of PMI than any other loan type

FHA Loan: Looking for a mortgage with flexible financial requirements? FHA loans, insured by the Federal Housing Administration, are available to a wide range of borrowers, whether you’re purchasing a home or refinancing.

-Reasons/Highlights

Down payments as low as 3.5%
Credit scores as low as 580 may be accepted
FHA to FHA streamline refis don’t require an appraisal
FHA-eligible down payment assistance programs allowed
Great for first-time home buyers

VA Loan: Backed by the United States Department of Veterans Affairs, a VA loan presents unique homeownership advantages tailored to veterans, active-duty service members, and eligible surviving spouses. We, at Cardinal Financial, extend our sincere gratitude for your service.

– Reasons/Highlights:

0% down payment
Credit scores as low as 580 may be accepted
No private mortgage insurance (PMI) required
Lowest interest rates available for qualifying borrowers
Current VA loans can be streamline refinanced with no appraisal

USDA Loan: For individuals seeking to trade city life for the tranquility of the countryside, a USDA loan, supported by the U.S. Department of Agriculture, offers 100% financing and exceptionally flexible terms.

– Reasons/Highlights

0% down payment
Credit scores as low as 580 may be accepted
Low- to moderate-income households may qualify
Available for rural properties only
Available for US citizens, non-citizen US nationals, and qualified permanent resident aliens

Jumbo Loan: High-cost area? High-cost home? If you check either box, you’re in the right place. A jumbo loan can provide more mortgage for those with awesome credit, low debt, and a large down payment ready to go.

– Reasons/Highlights