Download Our FREE Home Plan Book!

Financing Your Build 2018-08-03T10:09:49+00:00

Financing Your Build

Madison Homebuilders works with a number of nationally known lenders who know us well. We can introduce them to you or we can work with your lender if you prefer. You’ll save thousands when you choose Madison Homebuilders.
What do we mean when we say:
“No Construction Loan Interest” and “We Pay Closing Costs?”
We mean Savings for YOU!

Typical $180,000 Construction Loan Costs:
(Used by a majority of other builders)

Loan Origination Fee @ 1%
$1,800

Appraisal
575

Credit Report
70

Lender Inspection Fees
375

Flood Certification Fee
30

Documentation Prep Fee
250

Construction Loan Commitment Fee
1,000

Title Search
250

Title Insurance Binder
450

Attorney’s Fees
600

Recording Fee
60

State Tax/Stamps
50

Final As-Build Survey
475

Construction Loan Interest @ 5.5%*
3,800


Total Savings for YOU!
$9,785


*Based on a 150 day build.

Mortgage Calculator

For estimating purposes only. Actual monthly payments might include escrows for taxes and insurance.
In addition, most of our customers build with no down payment. On higher priced homes, it may be required to close up front for secure financing, even then, Madison Homebuilders charges no Construction Loan Interest - we build all homes on the financial strength of our Company! At Madison Homebuilders, we are here to show you the way to home ownership!