Your Complete Dream Home Process (in a year or less*)

Our Loan Program offered in partnership with Richwood Bank

Day 1

Finalize contract and required deposit on the lot you’ve chosen.
• Personal Loan Officer Introduced
• Richwood Bank application completed for lot financing
• Rate locked on vacant lot loan

10-14 days

• Lot purchase complete
• Choose a pre-approved building contractor

Next 90 Days (if needed)

Work with builder on home style, floor plan and finishes.

Construction Agreement Complete

Richwood Bank lot financing begins
Transformation via construction loan application.

Next 30 Days

Construction loan finalized at closing and previous lot financing balances rolled in (if any).

Next 6-12 Months

Building commences. Contractor advances made with each approved inspection level by on-site personal Loan Officer.
Make interest-only payments on funds advanced through construction process.
Completion of Home Occupancy permit issued.

Move in Time!
Next 60 days!

Loan automatically converts to permanent mortgage PITI* payment schedule.

* Time Frames are generous estimates and should not exceed the amount. * PITI – acronym for a mortgage payment that is the sum of monthly principal, interest, taxes, and insurance.


Richwood Bank is an Equal Housing Lender Member. Member FDIC.