Money Saving Options When Building a Home


Learn about a few basic money-saving home features as well as Colonial’s Single Close Loan that will help save you time, money and effort when securing your home financing.If you are considering building a custom home, you’ve probably realized there are hundreds of different features to choose from. Building materials, light fixtures, flooring, cabinets, appliances; the list goes on and on. One of the fastest growing trends in the past decade or so are energy efficient homes. Not only are these homes environmentally conscious, but they can also help save you big bucks in the long run. Below you will learn about a few basic money-saving home features as well as Colonial’s Single Close Loan that will help save you time, money and effort when securing your home financing.

Low-E Windows

When trying to cut down on energy costs, the windows in your home play a major factor. Experts estimate that 70 percent of energy lost is from the windows and doors of your home. Low emissivity (Low-E) windows are a type of window that is coated with a microscopic, thin coating that helps reflect heat working much like a cool roof. This keeps the temperature in your home consistent and is not as affected by the temperature outside, saving you money on electricity costs.

Cool Roof

Another option to keep your energy costs down is installing a cool roof. We don’t mean a “cool” roof you’d want to have a beer with, we’re talking about a roof that is made with materials that reflect more heat to keep temperatures cooler. According to the Department of Energy website, a cool roof can be made of a variety of materials including highly reflective tiles or shingles that will help reduce your energy bill by decreasing air conditioning needs. Ask your builder about their roofing options so you can save on your electricity bill.

Rainwater Harvesting

Humans have been collecting and storing rainwater for later use for a long, long time. But it’s beginning to make a comeback in more urban and suburban areas. Rainwater harvesting systems collect, store and filter rainwater that can be used in a number of different ways. While it would take a complicated system to provide safe and fresh drinking water, basic systems can be used for gardens, toilets, laundry and more. That can help save you significant money on your water bill.

Colonial’s Single Close Loan

When you’re looking to secure financing for your custom home, Colonial’s Single Close Construction loan can save you time and money. 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.

*Colonial’s Single Close Construction Program is Only Available in Texas and Colorado

 

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