How Construction Financing Works
A simple explanation of construction loans, draw schedules, land equity, and lender requirements.
Many custom-home buyers use a construction-to-permanent loan: you close once, the lender releases funds in draws as construction hits agreed milestones, and the loan converts to a traditional mortgage when the home is complete. Land you already own can sometimes be used as equity toward the project, depending on the lender and appraisal.
Draw schedules matter because they align cash flow with progress. Bravos can help you understand how billing lines up with major phases so you are not surprised when the lender needs inspections before releasing the next draw.
The right path depends on your land, budget, credit, and lender requirements. Bravos can explain how the building process works and connect you with preferred lenders when it makes sense. Start with a build readiness call to outline your situation.
Questions about your land or budget?
Schedule a build readiness call—Bravos will help you evaluate next steps before you commit to a plan or a\n parcel.
Schedule a Build Readiness Call