Home builder financing is the system by which a contractor builds houses on the condition that the house buyer’s purchase payments will be held in an escrow account while they are building. The money accumulates over time and is given to the contractor when the house is complete.
If you are thinking about home builder financing, then this is the article for you. We will discuss home builder financing basics, home builder financing pros and cons, how to find home builder financing – all in one place! Whether you are a homebuilder or an individual looking for home building financing options, we have got it covered. Wondering how to finance a new construction home? You’ll find that answer here, too.