Building a home starts with a financing plan for the land, builder, construction budget and completed property.
Plan before signing a construction contract
Discuss whether you own the lot, your builder, the expected budget and when construction will start. Builder approval, plans, specifications and the completed-home valuation can affect the financing.
Understand the construction phase
Ask how draws, inspections, interest payments and contingency funds work. Confirm how overruns or delays would be handled and what must happen before a draw is released.
Ask how permanent financing works
Some financing structures combine construction and permanent financing; others require separate transactions. Availability and requirements vary by lender. Jonathan can review the structure, cash needs and timing before you commit.
Talk through your next step
Jonathan Gibbons helps buyers and homeowners in Southeast Wisconsin, Greater Milwaukee and Madison compare financing options. Estimate a payment or contact Jonathan to discuss your plans.
Jonathan Gibbons · NMLS #427023 · Information reviewed October 5, 2026. General education, not a rate quote, approval or commitment to lend.