Buying a new construction home should be an exciting experience—whether it’s already being built or you’re starting from the ground up. You can make it happen when you choose the right builder and the right mortgage company. If you’re searching for your home in the Dallas Fort Worth metro area, Sandlin Homes is the right choice for an experienced homebuilder. With that choice made, we also want you to know why you should prefer a preferred lender.
They’ve earned the title.
It’s one thing to work with a lender who is accustomed to conventional loans. When your home is being built and there’s no finished product, a builder’s preferred lender is an invaluable resource. When we recommend a lender, you can be sure Sandlin Homes is 100% confident in that mortgage company. We’ve worked together successfully to guide our mutual customer on a smooth path to homeownership. Even the tiniest oversight can cause a problem.
Earning the title of “preferred” doesn’t happen in just a few closings. It takes time for a lender to prove a commitment to helping customers—answering questions, providing valuable advice, and working proactively to take care of every detail. In fact, a preferred lender is so good that you don’t know a lot of what happens. It’s the ones who lack the experience that will cause you to pay more attention than you should to the process.
Sandlin Homes’ preferred lending partner, Cardinal Financial, knows the construction process, as well as the specifics of how we works, when certain aspects of your loan need to be processed, and how to keep everything on the financial end flowing smoothly. These mortgage professionals check in on the project’s status without needing a prompt. Based on that, they order the appraisals and keep the funding on schedule.
A preferred lender understands the documents required for financing a new construction home. Again, it’s slightly different from buying a resale home. This teamwork is for your benefit—and peace of mind.
Your appraisal doesn’t come with surprises.
You might think that all appraisers come to a similar conclusion on the value of a home. Unfortunately, no.
An appraisal can make the difference between a smooth closing and one that never happens. If the appraisal comes in below your purchase price, you either pay the difference or walk away. Neither one is a good outcome. Our homes are priced fairly and our preferred lender recognizes the true value of the quality construction and features. You will always get an honest appraisal when you choose Cardinal Financial.
The choice can pay off with incentives.
In some cases, choosing a preferred lender leads to other rewards. For example, the lender might offer closing cost credits. These incentives could be in the form of points or a dollar amount. Either way, it makes sense to go with a lender who not only understands financing a new construction home, but also contributes to it!
You can talk to a human.
Buying your new home presents questions that don’t always arise between the weekday hours of 9 and 5. We choose our preferred lenders based on their ability to respond to our customers. We expect the mortgage company to be as quick to respond to your needs as we are. Nights and weekends are part of the job.
At Sandlin Homes, we offer preferential treatment to our valued homebuyers—before and after the sale. When it comes to buying your new construction home, isn’t that what you’d prefer?