Four Benefits to Building Your Home


There are a number of benefits to building your own home, from designing your perfect floor plan to saving time and trouble with Colonial’s Single Close Construction loan.Building a new home can be an extremely rewarding process. You begin with a blank canvas and can have a hand in every decision along the way. There are a number of benefits to building your own home, from designing your perfect floor plan to saving time and trouble with Colonial’s Single Close Construction loan. Below we’ve put together a list of four benefits to building your home and how Colonial can help finance the construction.

Design Your Dream Home

One of the most rewarding benefits of building your home is design input. You can work closely with your builder on every decision of the building process. If you’ve been looking for the home of your dreams, you might wish you could pick and choose from a number of houses you’ve seen. Is entertaining family and friends on the top of your list? Or perhaps you want to build a workshop to jumpstart your hobby into a business. Whatever your specific needs, your builder can work with you to make sure you get exactly what you’re looking for in a home.

Go Green

Another advantage of building your own home is the ability to plan and install eco-friendly materials and appliances from the onset. With new construction, you can use green materials and install energy-efficient appliances that may save on electricity, water and other costs from the moment you move in. Radiant barriers, energy-efficient windows, tankless water heaters or programmable thermostats are just a few of the many eco-friendly options out there.

Choose Your Location

Building your home gives you the opportunity to find the perfect property or neighborhood for you. There may be a new neighborhood that’s being constructed in an area of town with new and upcoming shops and entertainment, or an area that is miles away from the sounds of the big city. If you are heading toward retirement, you may want to build your retirement home on a piece of lakefront property. Whatever your preference, you can have the home you design in the location that’s a perfect fit for you.

Colonial’s Single Close Loan

Unlike traditional loans for new home construction that require re-qualifying and duplicate paperwork, the single close loan eliminates these steps to save you time, trouble and potentially thousands of dollars in interim interest costs. Colonial’s Single Close Construction Loan takes you from groundbreaking to move-in, in one easy process. At Colonial, you will be working with construction loan specialists who are able to answer your questions and the questions of your builder/contractor so that your home construction keeps moving smoothly with no surprises along the way. For more information on Colonial’s Single Close Construction Loan Program visit the program landing page here, or download our guide. You can also give us a call today at 817.390.2246.

*Please note: Single Close Construction Loans from Colonial are only available in AL, AR, CO, KS, OK, TN and TX. 

 

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