2 weeks ago

Destination Nevada County

Premium visitors magazine for Nevada County produced by the Grass Valley Chamber of Commerce

Building Your Dream Home

Building Your Dream Home is Within Reach Designing and constructing a custom home is a dream for many potential homeowners. Financing the process from acquiring an undeveloped lot to moving into a custom built house is not always a simple process, especially since construction financing is not readily available in Nevada County. However, building your dream home is often within reach when you understand your financing options. If you’ve found the perfect piece of property and are intent on building, our advice is to look for financing that is all inclusive. That way, you focus less on the financing process and can concentrate on the right shade of blue for your new living room! Understanding your options gives you financial flexibility. Traditionally, unless a homebuyer finances the project with cash, they will need a construction loan to By Rene Randall, Loan Officer Evergreen Home Loans cover the purchase of the land, materials and construction services. Then, there is an additional need for permanent financing once the construction phase is over. But, there are options beyond the traditionally financing model for which you may not be aware. That’s why it’s vital to research financial institutions and select one that has experience in understanding the challenges and setbacks of new construction and has a financing program to address those needs. We’ve simplified the process into a one-time close loan that combines the construction and completed home financing into one loan: one approval process and one closing process. During the construction process funds are distributed in a “draw” process in alignment with the construction schedule. At Evergreen Home Loans, we want to be your financial partner. Our Team has over 30 years of experience, and our sole focus is Originating, Funding and Servicing Home Loans. The Evergreen Team has a deep understanding of the market and what it takes to make a loan work. We strive to make the process convenient, highly personalized and provide guidance every step of the way. Our client’s application package is completed and reviewed by the entire Team so that when the submission ocurrs, no surprises arise that result in unnecessary delays. When considering a lender or for more information, please contact Evergreen Home Loans. Our track record is flawless: We deliver on time as promised! Names you know. People you trust. We offer: • Purchase Loans – Refi – Streamline • VA – FHA – USDA • Construction – Rehab – 203k Renovation • Reverse Mortgages for Refi or Purchase • First Time Buyer with Down Payment Assist Programs Rene Randall NMLS 328955 Jerome Witt NMLS 218704 Suzette Pool NMLS 716609 Chris Little NMLS 1389474 Call us today (530) 271-1850 © 2016 Evergreen Home Loans is a registered trade name of Evergreen Moneysource Mortgage Company® NMLS ID 3182. Trade/service marks are the property of Evergreen Home Loans. All rights reserved. Licensed under: California-DBO Residential Mortgage Lending Act License 4130291. 10/16 76 DESTINATION Nevada County 10134 Commercial Avenue • Penn Valley, CA 95946 • NMLS 1313374

Placer Title Company, Founded on a Dream “To bring together a group of people who really care about each other and about their customers.” Founder Leo French A Division of Grass Valley 530.477.1382 380 Sierra College Drive, Ste.100 Mission • Our lifeblood is customer satisfaction • Truckee 530.587.7457 11357 Donner Pass Road, Ste. A Auburn 530.885.7722 193 Fulweiler Avenue Roseville 916.782.3711 1508 Eureka Road, Ste. 150 DESTINATION Nevada County 77