Blog
Why choose a preferred lender?
These lenders “get it”. You’re buying a home that isn’t built yet. That scenario presents different factors to a lender than when you purchase a resale home. A builder’s preferred lender has experience in the construction process. They understand what’s involved in every step. You won’t pay the price of a learning curve for a mortgage professional who is only experienced in conventional mortgages of existing homes.
You’ll close on time. The path to closing on a new construction home takes a slightly different route in terms of documents required. A builder’s preferred lender know the steps to take and has the experience to know how the builder works, including when to check in online on the project’s status—to order the appraisals in a timely manner, pick up on details, and fund the home loan on schedule. This mortgage lender is truly part of your home building team!
You might be rewarded with incentives. Often, a preferred lender can offer incentives, like free upgrades and closing costs, that other mortgage companies can’t provide. These rewards reflect the strength of the relationship between the builder and the mortgage company, a level of trust that the critical step of financing will be handled expertly.
The lender is readily available to you. When a preferred lender accepts this role, they understand that it comes with responsibility. The builder wants all homebuyers to be treated fairly, respectfully, and responsively. If you have a question on a weekend or weeknight—after the bank has closed—these mortgage pros will take your call and get the answers you need.
Your home will be fairly appraised. If you’ve ever tried to buy a home that—surprisingly—didn’t appraise for the purchase price, you know the value of a fair appraisal. Preferred lenders have developed relationships with lenders who consistently demonstrate the knowledge and experience to present an honest appraisal of a property.
When you’re ready to buy your new home in the Dallas-Fort Worth area from Riverside Homebuilders, we offer you the option of working with one of our preferred lenders . Talk to any of them about your situation and needs, and then determine if it’s a good fit for you. If you have any questions, please feel free to contact us .
Tags: Riverside Homebuilders, Dallas Fort Worth, home builder, preferred lender, financing a new construction home, mortgage companies, home loan, incentives, free upgrades, closing costs
The Latest
April 23, 2025
I Am Riverside: Ruth Potts, A Trusted Broker Associate With a Dedication to Homebuyers
April 14, 2025
Spring Cleaning and Home Care Tips for Homeowners in DFW
April 7, 2025
Find Peace, Space & Beauty in Valley View, TX: Explore Parker Heights and Clear Sky Addition
April 3, 2025
Your Step-By-Step Guide to Building a New Home in DFW
March 26, 2025
I Am Riverside: How Julia Horton Helps Lay the Foundation for Success
March 18, 2025
Embrace the Best of Haslet, TX Living in Northstar
March 10, 2025
Introducing our New Homes Sales Center Partnered with Anewgo
March 4, 2025
Our Favorite Spring Break Trips Near Our Communities
March 3, 2025
I Am Riverside—Kayla Milholen’s Path to Purchasing
Let us be yourHomebuilder
At Riverside Homebuilders, our goal is to make your journey to owning your dream home as enjoyable as possible. Buying and building your new home is exciting and you should get to enjoy watching your home become a reality. Home is where your story begins.
Hear From Our
Happy Homeowners
We have been working with Ashley Bell since September awaiting the sale of our home. We made an offer on one house and unfortunately didn't sell our house in time, but Ashley continued to check in with us. She sent us details on different floor plans that would suit our needs during the process of selling our home. We went back and forth between two different houses for weeks and she was so patient and answered our every question and concern. When Ashley wasn't available her assistant Jacquelyn was always ready to step in and assist. Christina also checked in frequently to see how the progress of our sell was going and to offer any assistance she could. After what feels like an eternity, we are so excited about our new home and can't wait to make memories for years to come! We're so grateful for everyone at Riverside for helping us through this process.