Did You Know? Your Land Could Be Your Down Payment for a New Build! 

If you already own land and are thinking about building a new home, here’s some great news: your land could actually serve as your down payment! This means you wouldn’t need to come up with additional cash, as the equity in your land could be used to offset the down payment amount required by many lenders. 

Here’s how it works: lenders often view land as collateral. When you build on your own property, they factor in the value of the land as part of the overall cost of the project. This can significantly reduce, or even eliminate, the need for a traditional cash down payment. It’s a smart way to leverage what you already own, helping you get one step closer to building your dream home. 

ChrisMill Homes of Georgia is committed to turning your building dreams into a reality. Call us today at 229-249-0901!