New Construction Mortgage Checklist

What do I Need for a New Construction Mortgage?

We want you to feel prepared prior to applying for your new construction mortgage. But it’s slightly different than the process for a home mortgage. In addition to all of the documents that you need to apply for a conventional mortgage, you also need these documents:

  A copy of the deed to the land (if you are already the owner of record)

  Closing Disclosure (CD)  or HUD -1 Settlement Statement for the purchase of the land if you purchased it before applying for the new loan

  Contract for the purchase of the land if you don’t own it already

  Contract with a builder

  Plans and specifications for the home

  Certification for any private well or septic system

  Verification of deposits to your builder and/or land seller, such as a copy of a
certified check

If you have more questions, contact us or get started today.