A New Construction House — Buying

New construction loans often have different structures than conventional mortgages, such as staggered disbursements or higher down payments. Check for builder incentives , like mortgage rate buydowns (e.g., rates as low as 3.99%), which can save significant monthly costs.

Contrary to what on-site sales reps might suggest, you need your own representation and specialized financing. buying a new construction house

The sales rep at the model home works for the builder. Hire your own agent to negotiate upgrades and contract terms in your best interest. New construction loans often have different structures than