How To Get a Mortgage for your New Construction Property
Updated: May 10
Who hasn't dreamed of building the perfect home? Maybe you've seen a plot of land and have visions of turning it into your dream home?
Like any prospective homeowner, you need to qualify for a mortgage with a pre-approval. Watch the video for steps on how to do this:
Well, friends, as a recap, here are 3 takeaways:
Have a lawyer review the agreement and cap the levies that the builder charges you.
Get a pre-approval with the lender who is working with the builder.
Connect with me to let me know when your closing date is. Then I can help you shop your mortgage around and get the best rate for your mortgage.
Follow these important steps and if you have any questions, I'm always happy to help! Book a call with Sylvia Ho here or give me a call at 647-910-6100.