Yes. Be sure to communicate as soon a possible the name and contact information of your builder. It is best to connect the builder and the lender early on in the process so the builder has all the information he or she will need for requirements prior to closing and the process of draws after closing. This will reduce any hiccups during the loan process and speed up draws during the construction phase.
Yes. Be sure to communicate as soon a possible the name and contact information of your builder. It is best to connect the builder and the lender early on in the process so the builder has all the information he or she will need for requirements prior to closing and the process of draws after closing. This will reduce any hiccups during the loan process and speed up draws during the construction phase.