THE
PREMIERE
TEAM.
Construction Lending · Valor Home Loans
Construction is a different business. Delegated authority. Builder-first underwriting. A real C2P program with permanent takeout — and operations who know what staged draws actually mean. This isn't a side product. It's the whole shop.
STRAIGHT ANSWERS
FOR COMPLEX
BUILDS.
Ready to get started? Talk to the team.
Get Pre-Approved Call Todd · 719.482.5359 Call Aaron · 404.455.5710Selecting a builder is one of the first decisions in building a custom home. The right builder will provide you with build and home plan information necessary to put your project together. They can also perform a site survey to confirm the ability to build your home plan on a selected site.
Pre-approval is a crucial early step — it lets you know what you can borrow and establishes your build budget. Clients who start with a pre-approval have more control over the process. Budgets help you understand the relationship between land, pre-construction site development, and the home itself.
Yes. Land can be acquired through the construction loan process with a purchase agreement. After your project plans and budget are finalized, you close on your loan with the first draw amount paid to the land seller. It is recommended to allow 90 days to close after the mutual acceptance date.
A construction contingency is a percentage of the build cost held in reserve to address unforeseen expenses. It can be budgeted into the loan and accessed for approved expenditures. If you don't access it during the build, you don't borrow it — it simply doesn't get drawn.
Valor Home Loans modifies your construction loan into a permanent home loan — no refinance needed. We confirm the final loan amount based on what was actually drawn, you sign a couple of documents, and you begin making principal and interest payments. You're also eligible for a free float-down to market rates at this time.
Yes. Valor's Stay and Build program lets you qualify using only the payment on the new construction — you don't have to qualify for both payments. Requirements: 80% LTV on subject property, 70% LTV on departure residence, 700 credit score, and 12 months reserves on the subject property.
Yes — you lock a ceiling rate at closing, guaranteed not to increase. Your rate is the same during construction and for the life of the loan. Approximately 30 days before your certificate of occupancy, if market rates are lower than your ceiling rate, we automatically move your rate down — no action needed on your part.
Your construction loan closes and funds upon final underwriting approval and receipt of documentation for the building project — including all bids, a final budget, and a completed-value appraisal. Once closed, the loan enters the draw phase where funds can be requested and paid to your builder as work progresses.
Yes. Valor offers competitive terms on land loans with down payments as little as 20%, and no prepayment penalties. When you're ready to build, you can refinance the land loan into a construction loan. You can reduce principal or pay it off at any time before that without penalty.
Let's build a pipeline together.
Construction deals are complex — but they don't have to be painful. If you have clients ready to build and want a team that actually knows the process, we're ready to be your go-to resource.
Start a ConversationLet's talk about your project.
Whether you're a homeowner with a vision, a builder scaling your pipeline, or an agent working a construction deal — the team responds to every inquiry personally.
Todd Crane NMLS #35108 · Aaron Keyes NMLS #2115518 · Valor Home Loans NMLS #1969375 · Equal Housing Lender