Financing

LGS Home Builders, LLC

Financing Your Modular Home

We work with several different lenders who offer multiple types of loans. New construction projects often require two-step financing. Buyers secure a construction loan to buy the land and disburse funds throughout the building process, and then they transition to a traditional mortgage once the project is complete.

An alternative form of financing that many of our clients choose is called a construction-to-permanent loan. Also known as a single-close loan, this type of financing is designed to cover everything from purchasing the land to building your home. Once construction is complete, the loan converts to a traditional mortgage. This option can simplify the process of financing your new home.

In the decades we’ve been building homes in North Carolina and Virginia, we’ve developed close relationships with several local mortgage providers:

• Highlands Residential Mortgage
• AgSouth
• Intercoastal Mortgage
• First National Bank
• Cardinal Financial

You can choose to go through one of our preferred banks or secure financing from another institution.