You Don’t Need A Construction Loan To Build Your Home

The biggest challenge people face when they want to build a home is the construction budget.

Banks take a risk when issuing a construction loan because the house (which is often used to secure the loan) doesn’t exist yet. So getting a construction loan typically requires:

  • A big down payment
  • Nearly perfect credit
  • High mortgage payments
  • And a lot of paperwork

This makes building a home unattainable for many families.

The good news is…

You don’t need a construction loan to buy a Hunt Home. All you need is a simple mortgage loan.

For new homes built in our subdivisions, home buyers only pay a deposit and then close when the house is done. No construction loan necessary.

How to Get A Loan When You Work With Us

Hunt Homes partners with several finance companies that offer excellent financing options for our customers. We don’t offer in-house financing, but our partners always take excellent care of our customers.

You can contact us with any financing questions you have.

To apply for financing, you’ll typically need:

  1. Contract
  2. Pay stubs for the past couple of months
  3. W-2's for the past two years
  4. Bank statements for all accounts for the past two months
  5. Drivers licenses and social security cards
  6. Money for appraisal (typically $350 - $400)

Our goal is to make buying and moving into your brand new dream home a simple and stress-free process.

Texas Association of Builders   Tyler Area Builders Association   Tyler Area Chamber of Commerce   National Association of Home Builders   Better Business Bureau Accredited