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Homestead Advantage

Build Now and Save

Now is the best time to build because of the current housing market. Interest rates are currently at historic lows. Plus, contractors are very competitive right now. Why not take advantage of the current situation and use it to benefit you in the long run?

Historically, real estate values have always risen over time and no doubt will again in the future. You will find yourself in an excellent equity position and look back and thank yourself for creating real wealth!


At Homestead Homes, we have our own construction loan company so you don’t have to search for lenders that will approve you for a loan to build your own home. We have been financing our customers’ construction since 1997. Our new home consultants and mortgage professionals will work with your personal financial situation so that if you are unable to qualify for a loan today, we can show you how to improve your credit position to qualify at a later date. If your credit isn’t sufficient today, we’ll outline the things necessary to get credit approval at a future date.

Since we also provide the financing to build your own home, we have a vested interest in your ability to complete the home and get a permanent mortgage to pay off the construction loan. We won’t just deliver your materials and leave you to figure out what to do with them. We will guide you every step of the way until the completion of your home. From site planning, budgeting, and subcontractor selection, to technical support, we are there. Throughout the building process, our construction consultant will be calling on you to see how it’s going, reviewing your budget with you, and will be conducting site visits to check on the progress of your new home. If anything unexpected comes up, he is just a phone call away.

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Frequently Asked Questions

Can I make changes to your floor plans?
Yes, you can. Many of our customers have taken our floor plans and added their own special touches to fit their needs, budget, land and lifestyle. Our design experts will meet with you one on one to make sure your home design is just right for your needs.

Do I have to pick one of your plans to build from?
No you don’t. You can bring us a plan from another source and we can make it happen. Our staff of drafters and design experts will assist you in developing the house plan that you have always dreamed of.

What should I do first?
Before making any commitment to us, you are welcome to obtain more information by attending one of our scheduled informational builder seminars or visit our booth at a home show in your area. We also hold open houses with customers who are in the building process right now. Stop by and see the quality materials supplied by Homestead. Or, we’d be happy to put you in touch with a local representative. All you have to do is fill out your information and a New Home Consultant will contact you in the near future. Click on the events tab on the main page to find out events going on in your area.

What if I have no building experience?
It doesn’t matter. We understand that building a house is a big project and may seem impossible or scary to do on your own. But with Homestead, you are never alone. We are here to help you every step of the way. We help make it possible for someone with no building experience to enjoy both the personal rewards and financial savings of building your own house. Just check out how these customers did it with our help.

Where is the best place for me to build my home?
There is an old saying when it comes to the best place to build your new home. Location, location, location! You will want to build your home in a desirable location that is not only pleasing to you but to a great majority of people.

How will I find the land to build my new home?
Our new home consultants will have information to help you find land in your area. If there is an area that you would like to live in because of schools, shopping or other amenities, we can direct you to a source of land in that area.

What about permanent financing once the home is completed?
At Homestead, we provide you with an array of permanent financing options. Homestead has its own mortgage company that can tailor the permanent loan to your needs. No need to shop for a permanent loan as this is just part of our everyday service to you.

How will I find contractors that understand Homestead and their system?
Homestead has been helping customers build their own home for years and has an extensive network of contractors that understand our system and want to work for our customers. But ultimately, you get to decide who will work on your new home. So you can pick whether to use a contractor you know or one that is in our network. Our construction consultants will visit your job site before you start and throughout your building process to give you the hands on support that we know is necessary to make your home a success.

Will I receive quality materials?
Yes you will. We pride ourselves on the high quality lumber and name brand products that go into every Homestead Home. Click here to see some of the name brand products featured in our homes. Also, listen to what our customers have to say about the quality materials that they received.

Are these modular or manufactured homes?
No, they are not. Our system of home ownership provides you with a home that is customized to your needs and is built onsite.

How do I save money?
When you take on the role of a general contractor, you save the money that you would normally have to pay someone to oversee and coordinate the project. You decide who to hire which gives you more control over your budget. Plus, you can save even more by doing some of the work on the project that you don’t have to hire done.

How much work do I need to do in order to save money?
You won’t have to do a lot of physical work on the project. We only recommend that you take on those tasks that you feel comfortable completing. Many of our customers contract all the physical labor and they still save money just by managing the project.

What do I have to do to qualify for a loan?
Generally, you have to have the income to support a mortgage payment for the home when it is completed. Our new home consultants and mortgage professionals will work with your personal financial situation to ensure that if you are unable to qualify for a loan today, that you know the areas of improvement to put you in a position to qualify at a later date.

What if my credit isn’t very good?
We have worked with many different customers to set them on their way to repairing their credit. If your credit isn’t sufficient today, we will help you to realize the things necessary to accomplish so you can get credit approval at a future date.

This sounds too good to be true, where is the catch?
We have heard it time after time but as you will see from the many testimonials we have, it is real. If you have the desire and the willingness to put your family into a new home, then this is the program for you. Before you start, we will answer all of your questions so there are no surprises. You will feel comfortable and confident with Homestead on your side. Let us help you turn that dream into reality!

Getting Started

Application and Qualification

Once you have met with your new home consultant, your new home loan application will be processed by Lincoln Financial, our loan company. No need to ask a number of lenders if they will allow you to build your own home, our construction loan company will work with you directly. This is not some company that we hope you can get a loan with, but a company that we own and operate. Your loan will pay all the costs associated with building your new home including your land, materials, labor, and closing costs. You will be approved for the construction loan before you make any commitment to build your home.

Planning and designing every detail of your new home before you start construction

Our team of professionals will assist you in the planning of your new home. Once approved for the construction loan, it is time to figure out exactly what you want in your new home. If you don’t already have land, one of the first planning steps is to find a great location. Our new home consultants can help answer questions when it comes to finding the right location to build your new home. This is one of the most important parts of owning a new home so we have professionals available to assist you in every phase of planning the home to be just right for you.

Once you have selected the site to build your home, it is time to start designing your new home. Our design specialists will help you create a home that fits your lifestyle, budget, and needs. Our construction consultants will meet you on the site you have selected and make sure there are no unexpected surprises and to be sure the site compliments your house design. When you meet our construction consultants, you will be given a detailed list of qualified sub-contractors that you can choose from to build your home. You get to decide who is going to work on your home, but we give you the knowledge and support you need along the way. You will also come to our showroom to make style, design, and color selections with a specialist who has helped hundreds of customers just like you make their home become a reality.

Construction loan closing and building your new home

Once the planning stages are done, we will schedule the closing of your construction loan at a location near you. You get to put your new home plans into action. Now the fun starts! You get the satisfaction of seeing your dreams of new home ownership unfold in front of your eyes every day. Our construction consultants are there to answer any building, budgeting or contracting questions that may arise and will visit your job site often. Because we are the lender, we too, are invested in this house as much as you are. Therefore, we want you to succeed and will help you stay on task and in budget throughout the build. Remember, you are never alone.

Moving into your new home and your permanent loan closing

You won’t need to worry about arranging the permanent financing of your new home. Lincoln Financial will handle all the details of your permanent loan financing so you can focus your efforts on completing your new home. Just like the planning steps in building your home, Lincoln Financial will tailor your permanent financing to fit your financial needs. Lincoln Financial is a mortgage broker that has access to many different lenders with many different loan programs so you can make the financing of your new home what you need.

There are many specific details in any home building process that will be unique to you but this is the basis of our system of home ownership. To find out how you can enjoy the many benefits of home ownership by building a Homestead Home just complete the contact information form on our website or call us today at 888-200-4460.

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