One thing that came out of the conversation with both banks that I think is worth mentioning is how much down to put as part of the construction loan. Typically when you do a traditional mortgage, you’d try to do as much down payment as you are comfortable doing to get as close to 20%
We have had good conversations with Great Midwest Bank and Tri-City National which were two of the banks we reached out to. Since a new construction loan is new to both of us, we had questions, and they both walked through their processes and how it works out. Both were even willing to give hypothetical
We were asked if we could meet with the architect/designer for our house to go over some of the energy efficiency and building science details we were hoping to accomplish. For details like that, a meeting is far easier than trying to do it by e-mail. Kim wasn’t available to join, so I met with
There’s going to be a little pause in updates and activities for now as I’m in to a theater rehearsal and production of Boeing Boeing. We have sent e-mails to the banks that Lindsey provided that they have worked with before to talk to talk about financing options, and what they think is best give
