You can pay for construction out of pocket if you have the cash on hand. While this is a great option, many people find it unaffordable.

This is a different type of loan than your long term financing. This is a popular option for buyers who do not have a full 10% Builder Deposit to have Lightyear carry the construction loan. Many Lenders can do 5% deposit or even as low as 3.5% deposit in certain situations. This is also a popular option for those clients who wish to be in more control by owning the lot and hiring Lightyear as a Builder. Reach out to one of our recommended Lenders for more information.

This option requires a 10% Builder Deposit. This is a popular option for those who have that large of a Builder Deposit. Clients have enjoyed how easy it is to let Lightyear Construction buy the lot and work through all of the construction payment installments, allowing the client to worry about the one time payment or long term loan when the home is done.