The options for construction lending have never been better.  Construction loans now offer lot financing and construction financing all in one.  Years ago the process often required the borrower to first get a lot loan, then a construction loan, and then get a permanent loan when the building process was over.

We here at Community First Financial, LLC have never been fully satisfied with that process, over the years we have developed a process and a loan that is more builder-friendly and a process that makes the customer feel comfortable.


We now have a Construction Loan program that allows the borrower to close on their loan ONLY ONE TIME, and then just modify their construction loan into permanent financing if they choose after construction. (We still offer regular construction-perm financing as well.)

There are no less than 5 different rate scenarios available, from Prime + to Adjustable Rates, to fixed rates right from the start.

Of course, getting pre-approved is the key to this whole scenario. To have the virtual buying power of cash, you must be educated about the loan process, and be pre-approved for your qualifying loan amount, before you ever budget for a home.

This loan requires the builder to be approved and meet some underwriting standards for pre-qualification, this is a process I make very easy for both builder and borrower.

For more critical information about getting pre-approved for a One-Time Construction Loan, you can do three things:

1. Go to http://www.communityfirstfinancial.com/ to fill out our secured construction loan application form, or email troy@cffinfo.com to receive our construction loan questionnaire.

2. Call us at 480-305-8905 and speak directly to a Construction Loan Specialist who can walk you through the entire process and help you to understand the construction process.

We know that educating you is the best way to serve you, and we are honored to have the opportunity to assist you when you are building your home. Please do not hesitate to use our educational tools to understand the construction process