Ready to apply?
Start your pre-approval
Most clients start with a free consultation, so the application fits their project. If you've already talked with us, or you know your plan, you can start your application online.
Questions? Call (423) 406-1567, Monday through Friday, 8:30 AM to 6 PM ET.
Before you apply
You're ready to apply if you know...
You don't need every answer. If most of these are still open, a quick consultation is usually the better first step:
- Where you plan to build. The state and county.
- That you plan to live in the home. VA and FHA construction loans require it.
- Whether you or your spouse served. VA may be an option.
- Your land situation. Owned, under contract, or part of this loan.
- Your builder or dealer. Or that you're still choosing, which is fine.
- Your home type. Site-built, modular, manufactured, or a barndominium.
Not sure about some of these? Schedule a free consultation, and we'll work through them together.
Keeping your information safe
Send documents through the secure application
Please don't email tax returns, bank statements, ID, or military paperwork. Upload them through your secure application instead, or ask us, and we'll show you the right way to send them.
FAQ
Frequently asked questions
Will applying pull my credit?
A full application typically includes a credit check at the right step. We'll let you know before it happens. Talking with us on a free consultation doesn't pull your credit.
I already have a pre-approval for buying a home. Does that work?
Not on its own. A construction loan is a different kind of loan, so we'll start fresh, but bring your letter, since the information in it can still help.
Can I apply before I've picked a builder?
You can start, but your builder or dealer will need to be in place and approved before closing. If you're still choosing, a free consultation is a great place to begin.
What happens after I apply?
A member of our team will reach out to talk through your project, confirm what's needed next, and answer your questions.
NewBuild is a construction lending program of Preferred Rate, a DBA of American Pacific Mortgage Corporation, NMLS #1850. Tim Arrowood, NMLS #393468. All loans are subject to credit approval and underwriting. Equal Housing Opportunity.
Your land. Your build. Let's talk it through.
A free consultation is 20 minutes. We cover your land, your eligibility, and the right loan structure. No application required.
Tennessee · Virginia · North Carolina · South Carolina · Georgia · Kentucky
20 minutes · no application · no commitment
NewBuild is led by the Arrowood Team at Preferred Rate. 260+ five-star Google reviews.
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