Property types

New construction

Buying a newly built home from a builder, including spec homes and homes still under construction.

Why it is hard

Long closing timelines need extended rate locks, and builder incentives often push buyers toward a preferred lender.

What to ask a loan officer

Can you offer an extended rate lock that covers the build timeline?
How do you compare with the builder's preferred lender incentives?
What happens if the completion date slips?

Also called

new construction, new build, builder, newly built, spec home, tract home

Find a loan officer

Ranked loan officers by state and city are coming soon. Agents can query now: /api/v1/loan-officers?specialty=new-construction&state=FL or this specialty as JSON.