Last updated: August 2026
New construction
Land, builders, budgets, construction draws, one-time-close questions, and planning for delays or changes.
Questions this category answers
Built around real conversations.
New-construction lending coordinates the land, builder, plans, budget, appraisal, draws, insurance, and permanent financing. A physically possible project may still fall outside a specific loan program.
Review land and existing structures before signing. Then read the draw and builder articles so the contract, contingency, milestones, and funding process match the lender’s requirements.
Related mortgage programs
Published answers
Complete answers, one question at a time.
Choose the question that sounds most like yours. Each article explains the answer, what may change by scenario, and the next details worth reviewing.
Should I Use the Builder’s Lender?
A builder’s lender may offer valuable incentives, but the best choice is the strongest complete loan—not the biggest headline credit.
Read the answerCan Land Equity Count Toward a Construction Loan?
Land equity may count toward the required investment, but the calculation depends on ownership, acquisition history, liens, appraisal, and program.
Read the answerHow Are Builders Paid During Construction?
Construction funds are generally released in scheduled draws after required work, inspections, and documentation are completed.
Read the answerCan I Live in a Home on My Land While Building?
An existing dwelling can materially change the collateral, appraisal, occupancy, and program analysis for a construction loan.
Read the answerHave a question for this category?
Kelly uses real borrower and Realtor questions to decide which educational articles should be published next.