Home Financing Archives

Home Financing

Home financing is one of the most complicated aspects of buying, building and/or owning a house. There are so many things to consider that it can be overwhelming. We aim to help you navigate your most pressing questions so you can focus on the joy of home ownership. From construction loans and mortgage rates to pricing and hidden costs, we’ll cut through the noise and give you the answers you need from industry experts.

Must Read Articles About Home Financing :

Searching for That Great Rate: How to Find the Best Mortgage Rate

When it comes to mortgages, there is a lot at stake. Especially for first-time homebuyers. Picking the wrong one can cost you thousands of dollars in interest payments, and negatively impact your financial future. In this article, we’re covering the ins-and-outs of finding the best mortgage, so you can rest easy knowing you made the right decision.

Are There Any Hidden Costs with Building?

Think of a new home estimate with a very low price as an iceberg. Like an iceberg, the misleading price is comprised of two parts: the part that’s visible above the surface and the part that’s hidden below the surface. Some home builders minimize the less obvious expenses just to get your business. Hidden costs may not be visible, but they will still impact your plans.

How to Prepare for Property Taxes When Building a New Home

Why New Home Costs Vary When Comparing Square Footage

Recent Home Financing Articles:

Lower Your Payments, Elevate Your Savings

Unlock lower payments with our mortgage savings event! Fine Line Homes announces a limited-time program where we will purchase a point through the mortgage lender of your choice, giving you the benefit of a reduced mortgage rate and lower monthly payments. Depending on the details of your lender, this point purchase can potentially save up to tens of thousands of dollars over the life of your loan. *Promotional offer limited to new agreements signed October 28 to De... [Read More]

Summer Savings Promotion

Summer has arrived, and the savings are hot! Customers who sign a contract through September 1st & start construction on their home within 90 days of the contract signing are eligible to receive special savings options*. Choose from two summer savings options: get up to $10,000 toward a composite deck addition or enjoy up to $7,000 in upgrade options of your choice. Host plenty of backyard entertaining with your beautiful new deck or explore our extensive offering of trending, sophisti... [Read More]

Spring Savings Promotion

Spring has arrived, and the savings are blooming! Fine Line Homes is pleased to offer $10,000 off select upgrades for your new home.* Explore our extensive offering of trending, sophisticated and premium selections tailored to fit your personal style and taste. Whether it’s a unique backsplash tile, an elegant dining chandelier, a cozy electric fireplace, whatever you’ve had your eye on – make it yours with this new promotion. Even better - this offer can be combined with our S... [Read More]

How To Finance Your New Home

Building a home of your own is an exciting journey, but there are so many questions to be answered. Where do we start? Who should we choose? And most importantly - how are we going to pay for it? A new home will most likely be one of the biggest investments you will make in your lifetime. Before any of the excavation begins, it’s important to consider what you can afford and how you are going to finance the build. Let's discuss how to get started with a lender and the differ... [Read More]

Searching for That Great Rate: How to Find the Best Mortgage Rate

When it comes to mortgages, there is a lot at stake. Especially for first-time homebuyers. Picking the wrong one can cost you thousands of dollars in interest payments, and negatively impact your financial future. From mortgage type to closing costs, there are a lot of factors to consider when searching for the best mortgage rate. In this article, we’re covering the ins-and-outs of finding the best mortgage, so you can rest easy knowing you made the right decision. Tips on How to Find the... [Read More]

Are there any hidden costs with building?

Building prices are like an iceberg. An honest builder reveals what’s below the surface. Building your dream home is exciting. According to the U.S. Census Bureau and U.S. Department of Housing and Urban Development, more than 1,000,000 new houses will be constructed this year. If the thought of building has ever crossed your mind, you’ve also probably wondered: How much will it cost to build a new house? The answer might be more complicated than you initially believe because of everythin... [Read More]

Up-Front Home Price vs. Allowance

WHY YOU SHOULD AVOID BUILDER ALLOWANCE AT ALL COSTS New home builders that use allowance pricing could learn an important business lesson from 11-year-old Charlotte McCourt. Charlotte, a New Jersey Girl Scout, is serious about honesty, especially with customer service. In a letter she wrote, “I would like to tell you about the cookies themselves, for some of the descriptions, I’m afraid, use false advertising . . . I love being honest with my clients.” Charlotte rated each cookie on a sca... [Read More]

How to Prepare for Property Taxes When Building a New Home

Purchasing an available, pre-owned home from a real estate listing is much different from building a custom house that includes your most desired amenities, especially when it comes to preparing for your property taxes. Without an exact amount based on historical figures, how will you know how much to save up or roll into your mortgage? This topic baffles many families who are contemplating the ongoing costs of home ownership as they relate to a newly built residence. As perplexing as it m... [Read More]

Why New Home Cost Varies When Comparing Square Footage

You’re thrilled to be building a home. Finally you’ll be able to live in your dream house, complete with all the comforts and features you want. You’ve done your basic research, and are starting to get bids. That’s when you run into an unexpected, seemingly-unexplainable puzzle: The cost-per-square-foot conundrum. Why is this a mysterious issue? In a nutshell, it’s the reality that comparing the price of building two new homes by square footage doesn’t seem to make sense. On one hand, an 1... [Read More]

Up-Front Pricing – What You Should Know About New Home Pricing

When purchasing a new computer, you want to confirm some details first. Do I want a desktop or laptop? Is the monitor included in the price and what size is it? What about speakers? I found it very helpful to get a quote not only on the cost of the computer but the options as well so I had confidence in knowing the total cost before buying. Online Home Price Requests When requesting a price on a home from the website, you will receive the base price of the home. Additional cost woul... [Read More]