Packed moving boxes in a pickup truck looking toward a distant house site

Relocating

Moving to the Southeast? Build the home you want.

A new job, military orders, family, or retirement is bringing you here. If the homes for sale don't fit what you want, building can. We'll help you plan it from wherever you are now.

Schedule a Free Consultation Where we serve
Start from anywhereBy phone, video, and email
Keep your homeA two-time close may help
Every draw managedFrom closing to move-in
Six statesTN · VA · NC · SC · GA · KY

Where we serve

Six Southeast states

We offer construction loans in Tennessee, Virginia, North Carolina, South Carolina, Georgia, and Kentucky. What matters is where your new home will be, not where you live today. Find your area on where we serve.

Our office is in Johnson City, Tennessee, and we work with clients across all six states. Most relocating clients work with us entirely by phone, video, and email.

Building from a distance

You can't walk the land every weekend

When you're building from another state, it's easy to skip steps or rely on whoever happens to be closest to the project.

We stay with you through every draw, so the financing isn't one more thing to manage from another time zone. You'll still want a builder or dealer you trust to finish the job, and we'll review them early.

Planning ahead

Timing your move and your build

Building takes months, and it won't always line up with a start date or orders. Tell us your timeline, and we'll give you an honest estimate. Sometimes buying now and building later is the better plan, and Preferred Rate can help with that too.

Want to keep your current home until the new one is finished? A two-time close, our conventional option with at least 10% down, may help.

Your first call

What to have ready for your first call

You don't need everything on this list. Bring what you have, and we'll fill in the rest together:

  • Where you plan to build. Even if it's just a county or a general area.
  • When you need to move. Your start date, report date, or target move-in.
  • Whether you or your spouse served. VA may be an option.
  • Your land. Whether you already own it or are still looking.
  • Your current home. Whether you plan to sell it, keep it, or rent it out.
  • A comfortable payment. Based on your budget after the move, since costs differ from area to area.
The NewBuild System

Your move and your build, step by step

Every NewBuild loan follows the same six steps, from your first call to Move-In Day. It starts with a free consultation, and no house plans are needed.

  1. Build Plan Consultation

  2. Pre-Approval

  3. Plan and Contract Review

  4. Loan Closing

  5. Construction

  6. Move-In Day

Schedule a Free Consultation See the NewBuild System

Real builds

Building from 2,000 miles away

Ken and Connie planned their move from California and handled much of their build from across the country.

Modular · Tazewell, TN

They planned their move from California and built from 2,000 miles away.

Using the land they already owned as their down payment, Ken and Connie financed a roughly $327,000 modular home with one FHA loan.

Read their story

Ken and Connie were ready to leave California and build on land they already owned in Tazewell, Tennessee. Working with Clayton Homes of Kingsport, they chose a modular home and started the financing process with a bank in Kentucky, but communication was poor and their calls eventually went unreturned. That's when they reached out to us. Since Connie works remotely, the move didn't mean giving up her job, and the couple handled much of the process from across the country. Their land's value served as their down payment rather than cash savings. They completed their FHA one-time-close loan, made the move east, and are now settled into their new home.

Ken and Connie H. · FHA one-time-close construction borrowers, Tazewell, TN · Builder: Clayton Homes of Kingsport

Names have been changed to protect client privacy. Loan amounts and details are real but reflect each borrower's individual credit, income, and underwriting circumstances; results aren't typical or guaranteed for every applicant.

Your guide

One team, start to finish

  • Tim Arrowood
  • Cindy Faulkner
  • Kevin Cooper
  • Rhonda Hendrix
  • Amy Lay

Distance doesn't change how we work. Our small team handles your loan by phone, video, and email, from your first call to your final draw.

260+ five-star reviews Since 2023 closing one-time close loans Our team stays with you through every draw

Visiting us

Want to meet in person?

When you're in the area, we'd love to meet. We're at 119 Boone Ridge Road, Suite 203, in Johnson City, Monday through Friday, 8:30 AM to 6 PM ET, by appointment.

Related situations: Veterans You already own the land Land and home together First time building

FAQ

Frequently asked questions

Can we start the loan before we move?

Yes. You can start the conversation from anywhere, by phone or video. Your new home just needs to be in one of the six states we serve.

What if our move date or orders change?

Tell us on the first call, and keep us posted. Construction schedules don't always match a report date or job start, so we'll plan around your timeline honestly. Sometimes buying an existing home now and building later makes more sense.

Do you only work with local buyers?

No. We work with people building anywhere in our six states, wherever they live today.

Can we keep our current home while we build?

It's often possible. A two-time close, our conventional option that requires at least 10% down, can let you stay in your current home until the new one is finished. Depending on your finances, you may plan to sell your current home before your permanent loan, or you may not need to. We'll look at the options with you.

Does the new home have to be our primary residence?

For VA and FHA construction loans, yes, you'll need to live in the home. Tell us your plans on the first call, and we'll show you which options fit.

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

Schedule a Free Consultation

20 minutes · no application · no commitment

NewBuild is led by the Arrowood Team at Preferred Rate. 260+ five-star Google reviews.

Prefer to reach out directly?

(423) 406-1567 · newbuild@preferredrate.com