Plan carefully before you build. Take the time to understand your lot, the soil, and local regulations. Next select a plan that works for you and your site. Then look at ways to finance your dream home from conception through construction.

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BobVila.com > Channels > Finance > All Tips > Choosing a Loan Program

Choosing a Loan Program
Your personal situation will determine the best kind of loan for you. By asking yourself a few questions, you can help narrow your search among the many options available and discover which loan suits you best. Do you expect your finances to changeover the next few years? Are you planning to live in this home for a long period of time? Are you comfortable with the idea of a changing mortgage payment amount? Do you wish to be free of mortgage debt as your children approach college age or as you prepare for retirement? Your lender can help you use your answers to questions such as these to decide which loan best fits your needs.


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