Questions About Financing

If you are considering building a custom home, you’ll want to understand the financing options you have for construction loans. Above all else, be sure to select a lender with construction experience – a local lender is preferred. Remember, the loan is a critical part of the home building process and you want the bank and the builder to work well together. You also want a financial institution that can process draws and inspections in a timely manner, to keep your project on-schedule. Here are some answers to common questions about financing a custom home project in Maryland.