Make Your Log Home Dream A Reality: Budget and Loans

The 3rd factor you need to consider in making your dream log home a reality is your BUDGET. At last, you have your estimated cost sheet prepared and have your sketched floor plan as a blueprint. Next, we need to be ready for financing. There exist companies that offer financing specifically for log home industry. Since you have already chosen your log home company, you can maximize their service by making use of their resources such as having them provide you a list of specialized lenders to help you with your financial paperwork. These would make it convenient for you to approach a lender and have the procedures run smoothly. Moreover, there are options you can choose from when it comes to lending. Most lending companies offer construction loadn for up to 1 year and will require you to re-qualify for the mortgage loan after the completion of your home. Another option is combining the construction and permanent financing into one hassle-free load option. This is called a "One Time Close" loan. Once your loan has been approved, you can start first few steps in making your log home a reality.

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