New Home Financing Options

Wondering who to call to get your new construction home financed?  Don’t worry, we’ve got you covered. Comerio Homes is not a lender, but we work with several local lending institutions that have specific loan programs for new construction home buyers and remodeling clients.

Here are some loan options:

Construction to Permanent Loans: (Used if building a new custom home)

When buying a new construction custom home, a popular loan program used is called a construction to permanent loan. This is a one-time close loan that allows the buyer to get approved for financing for their new home at the beginning of construction and then when the home is completed the loan rolls into a permanent fixed long-term mortgage. Buyers benefit from only paying closing costs and loan fees 1 time. Comerio Homes works with several lenders that specialize in this type of loan program.

Benefits Include

*Terms are not guaranteed and are subject to change per lenders program, borrower must also qualify.

Extended Rate Lock Program: (used to buy homes already under construction)

If you are looking to buy a new construction home that is under construction but not quite completed, then this loan program is your best friend. An extended rate lock allows you to lock in your interest rate for a period of time to avoid any interest rate increase until the home is completed. You can also use this program to build a new custom home depending on the time to build.

Benefits Include

*Terms are not guaranteed and are subject to change per lenders program, borrower must also qualify.


Standard Fixed or Adjustable Rate Mortgages:

These types of standard mortgages are also available from most lenders to purchase your new construction home. Interest rates will vary depending on several factors.

Please let us know if we can help connect you with a new home lender so you can get into that new home of your dreams.

Common New Home Construction Financing Questions

Do I need to be pre-approved to buy a new construction home?

It is always a good idea to talk to a lender and make sure there would be no hurdles to buying your dream home before any offer to purchase is made to a builder.

Do I need to own a homesite before I can build a home?

No, the homesite can be purchased in conjunction with the construction financing. If you already own the homesite thats ok also.


If you have any questions, don’t hesitate to get in touch with us.

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