Financing Solutions
To Build Your Dream
At Oak-n-Crete, we recognize that creating your custom home is more than just a project—it’s a cornerstone of your future. That’s why we’ve partnered with Intermountain Mortgage Company, a trusted Park City institution with over 28 years of experience providing construction loans throughout the Wasatch and Utah region. This strategic alliance with the leading mortgage provider in Park City offers you access to competitive financing solutions tailored to meet the specific needs of custom home construction in our area. Given that construction costs in the region can range from $500 to over $ 1,300 per square foot, partnering with the right financing partner is essential for your project’s success.
Build Financing Solutions
Through this collaboration, you can take advantage of a range of innovative financing features:
Premium Financing Power: Secure construction and reconstruction loans up to $3,000,000 based on your future home’s appraised value, with loan-to-value ratios up to 80%.
Flexible Construction Terms: Choose from customizable terms ranging from 6 to 24 months, perfectly aligned with your construction timeline.
Fast and Efficient Loan Approval Process: Experience an efficient and prompt approval process.
True One-Time Close: Streamline your financing with a single closing that seamlessly transitions from construction to permanent mortgage, saving you time and money.
Extended Rate Lock Protection: Shield yourself from market volatility with our extended rate lock options, securing your permanent mortgage rate during the construction phase.
Efficient Draw Process: Implement an effective construction draw system to ensure your builder is paid on time throughout the construction process.
Our partnership with Intermountain Mortgage Company underscores Oak-n-Crete’s dedication to providing an exceptional custom home-building experience. Let’s take the first step together toward creating your dream home.
