A Helpful Guide for Financing Your New Home

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Our newly built custom homes at J.A. Myers are unique, with styles and designs that stand the true test of time. But for families that think of something built specially for them, we offer a unique home-building experience. Securing financing for your new home can differ from the traditional loan process in a handful of ways. Read on to learn more!

Financing for Construction – Called Construction Perm Financing 

Construction Perm financing permits you to secure a loan for both acquisition of the lot and construction monies. J.A. Myers Homes can provide guidance in the selection of the banks with the most flexible and tailored programs. This type of financing has a few build in benefits.  One, it is possible to qualify to start your new home in advance of selling your existing home, therefore eliminating an interim move.  Secondly, this program permits you to lock in your interest rate for as long as one year.  There are other benefits and the J.A. Myers sales professional can provide information on all benefits and the processes.

After Construction is Complete

After your new home is constructed, the loan will  automatically transition into a long-term loan. With construction permanent financing there is a “one-time close” and automatic conversion to permanent financing. If you have any questions or need help with financing your new home, call the experts from J.A. Myers Homes today!

Land Financing

In certain instances, strategically a lot loan make be the way to get the process started. Some banks or credit unions will offer lot loans. Once you’ve secured a loan for the land, you will have the opportunity to secure construction financing at a future date. With our guidance, this process goes very smoothly, and we at J.A. Myers have lots of land which we currently build homes on!

For Any Home Building Needs, Contact J.A. Myers Today!

J.A. Myers Homes stands as a beacon of innovation, commitment, and inspiration in the homebuilding industry. With move-in ready homes and a dedication to building your dream home in one of our communities or on your own land, we are prepared to help. We’re dedicated to serving customers in Hanover, Gettysburg, Stewartstown, Dover, York County, Adams County, and Carroll County!

Visit our website, reach us at 1.800.368.9990, or check us out on FacebookX (formerly Twitter), InstagramLinkedinPinterestYouTube, or Houzz!  

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