Financing
Who should finance your new home?
Get pre-approved first.
Get pre-approved before you walk into a model home. You will know your real budget, and the builder will take you seriously.
Craig's preferred lenders
Two loan officers Craig works with. Talk to either one, or both, and compare.
Micah Filipsic
Senior Loan Consultant, New American Funding
NMLS #400530 · Edwardsville, IL
New American Funding, NMLS #6606. Equal Housing Lender.
Drew Stiegemeier
Mortgage Banker, Frontier Mortgage
NMLS #1406168 · Born and raised in the Metro East
VA, FHA, jumbo and conventional loans
Frontier Financial, Inc. dba Frontier Mortgage, NMLS #12182. Equal Housing Lender.
Builder lender or your own?
Many builders offer an incentive, such as closing cost help, when you use their lender. That can be a good deal, or the incentive can be made up in rate or fees. Get the builder's offer in writing, get a Loan Estimate from both lenders on the same day, and compare the totals.
Questions to ask about a new construction loan
- Can I lock my rate for the length of the build, and what does an extended lock cost?
- Building on your own lot? Ask about a construction-to-permanent loan, which covers the build and the mortgage in one closing.
- Do I qualify while still owning my current home? See selling your home first.
- What down payment help could I qualify for?
You are never required to use any lender we suggest. Loan programs, rates and approval are set by the lender and change often.
Thinking about building?
The builder's sales agent works for the builder. Craig Ziegel can represent you: compare builders and lots, review the contract and walk-throughs.
Call or text 618-719-4543.