Financing — Construction

: You must provide finalized blueprints, a detailed line-item budget, and a signed contract from a licensed and insured builder. Step-by-Step Process

: Most lenders require a score of at least 680 , though some may accept 620. construction financing

: Most lenders look for a DTI ratio below 45% . : You must provide finalized blueprints, a detailed

: Once closed, construction begins and the lender starts the draw-and-inspection cycle. : You must provide finalized blueprints