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Mastering Home Construction Loans with Jerardo Ayala
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Ever wondered when's the best moment to apply for a home loan for your dream house? Get ready for a revelation as we sit down with Jerardo Ayala, owner of The Outdoors Quality, for a conversation that can potentially save you a lot of stress. In this candid exchange, Jerardo brings to light the importance of establishing your estimated construction costs before filling out that loan application. He shares his experiences with clients who have been caught in a bind having an approved loan that falls short of the actual building cost, forcing them to scramble for additional financing or a new builder.
As Jerardo articulates, the loan application step needs to be timed right to avoid a loss of loan percentage due to fluctuating interest rates. But how do you go about it? Jerardo guides us through the process, starting from working with an architect and engineer to prepare a bidding set, and then getting an estimate from a General Contractor. This ensures that the loan amount you apply for is as close as can be to the actual cost, minimizing risks. This episode is packed with practical advice from Jerardo on making home construction smoother and efficient. Tune in and arm yourself with the knowledge you need for your home building journey.
To learn more about The Outdoors Quality go to:
https://theoutdoorsquality.com/
The Outdoors Quality
772-577-9172
15 episoade
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