Financing Your True Home

True Homes receives no financial benefit from its client's use of a preferred lender. However, we have learned from our survey feedback* and experience that clients who use a preferred lender experience greater overall satisfaction throughout the home-building process.

Below are some of the benefits & advantages of using a preferred lender:

• You are 3.4x more likely to close on time when you use a preferred lender*
• You are 4.1x less likely to have a finance delay during the preconstruction phase*
• You pay a significantly reduced deposit to True Homes at the time of contract
• Local appraisers who know the market and understand new construction valuations
• Preferred lender access to our online technology, fostering better responsiveness
• Experienced loan officers with substantial new home construction experience
• A wide array of products & programs competitive with the national mortgage market
• Receive up to $2,000 in lender credit to help offset closing costs or cash to close expenses
  

Hidden Costs & Pitfalls of Financing with Other Lenders

Our past clients have provided feedback on many of the pitfalls of the use of other lenders. We know that these clients generally have a significantly lower client satisfaction score, and believe the below examples are some of the contributing factors behind their negative experience:

• 2x more likely to provide a prequalification and then delay underwritten approval*
• Have a significant variance between cash-to-close estimates and actual closing needs
• The likelihood that appraisers are not familiar with new construction or your sub-market
• Preconstruction delays, by failing to provide loan commitment & appraisal upfront
• Inexperience in the new construction realm causes delays in the preconstruction & closing process

*Denotes statistical information provided from our own client Survey results, facilitated by the Home Building Industry’s leading Survey and Feedback management firm, Woodland, O’Brien, & Scott.