Question 1

Can Betenbough Homes help me with first time home buyer programs in Texas?

Accepted Answer

Yes! Betenbough Homes specializes in first time home buyers. We begin with our New Home Tour where our new home specialists get to know you and your unique situation. You'll be connected with a preferred loan officer matched to your family's needs, and you'll be guided through design options, frame tours, a Welcome Home Celebration walkthrough, and a streamlined closing process through Impact Title. Every Betenbough home also includes a two-year comprehensive new home warranty.

Question 2

What is Use-It-Your-Way Cash?

Accepted Answer

Use-It-Your-Way Cash is a financial gift Betenbough Homes offers to home buyers. The amount varies based on region and home completion status, and there are six unique ways to apply it to your purchase. Your loan officer will direct you on how to use it for maximum impact.

Question 3

What is a quick move-in home?

Accepted Answer

Quick move-in homes are homes where construction has already begun, allowing buyers to move in sooner. Betenbough Homes can provide move-in dates for these homes with 99% accuracy.

Question 4

Does Betenbough Homes rent homes or offer lease-to-own options?

Accepted Answer

Betenbough Homes does not offer lease-to-own or rental options. Homeownership is possible, and our team would love to help you get there.

Question 5

How does the home-buying process work with Betenbough Homes?

Accepted Answer

The process has four main steps: (1) Find the right home. (2) Secure a home loan pre-approval from a trusted lender. (3) Connect with your dedicated Experience Specialist for guided walkthroughs and construction updates. (4) Close on your new home.

Question 6

What is the first step toward owning a Betenbough home?

Accepted Answer

The first step is to contact a Betenbough Homes New Home Center near you or submit an inquiry through the online contact form at betenbough.com/contact.

Question 7

Where does Betenbough Homes build new homes for sale?

Accepted Answer

Betenbough Homes currently builds new homes for sale in Amarillo, Lubbock, Midland, and Odessa, Texas.

Question 8

What is the starting price of a Betenbough home?

Accepted Answer

Home prices vary by region and community. The price listed on a floor plan or quick move-in home in your desired community reflects what you can expect to pay.

Question 9

How does Betenbough Homes price their homes?

Accepted Answer

Betenbough Homes uses a cost-plus pricing strategy. Rather than raising prices based on market demand, they take the cost of materials and add a reasonable profit margin. When costs go down, home buyers' prices go down too.

Question 10

Why does Betenbough Homes build 24" on center versus 16"?

Accepted Answer

Building 24" on center places a stud beneath every truss for even weight distribution. This results in more insulation, less wood, and a more energy-efficient home.

Question 11

Does Betenbough Homes customize floor plans?

Accepted Answer

Betenbough Homes does not customize floor plans, but does offer a personalized home options experience that allows buyers to add personal style and luxury finishes at affordable prices.

Question 12

Does Betenbough Homes build two-story houses or basements?

Accepted Answer

No. Betenbough Homes focuses on constructing more home for less money, and does not offer homes with basements or second stories, as these can cause construction delays.

Question 13

How much is the construction deposit and is it refundable?

Accepted Answer

A $1,000 construction deposit is required to begin construction. This deposit is refundable if you choose not to proceed. USDA or VA loans require a $350 refundable deposit.

Question 14

How long does construction take?

Accepted Answer

From slab pour, Betenbough Homes can provide a move-in date with 99% accuracy. Construction typically spans five to six months.

Question 15

Will Betenbough Homes build on my land?

Accepted Answer

No. Betenbough Homes only builds on land within their own communities.

Question 16

What should I do if I don't qualify for a home loan?

Accepted Answer

Not qualifying for a home loan is not the end of your homeownership dream. It's important to understand the reasons you were turned down and take steps to improve your situation. Betenbough's preferred loan officers can help guide you toward qualification.

Question 17

What are the average down payment requirements?

Accepted Answer

On average, most Betenbough home buyers put down 3.5%. However, there are programs that allow 0% down. Your preferred lender will advise on the best option for your situation.

Question 18

What credit score is needed to purchase a Betenbough home?

Accepted Answer

The minimum credit score typically needed is 580. Many preferred loan officers also offer programs to help buyers with lower credit scores.

Question 19

Do I need to be pre-approved before meeting with a New Home Specialist?

Accepted Answer

No pre-approval is required before your New Home Tour. After the tour, Betenbough's team will connect you with a preferred local lender to guide your next steps.

Question 20

Can I use a mortgage lender who is not a Betenbough Homes preferred loan officer?

Accepted Answer

Yes. While Betenbough recommends their preferred lenders for familiarity with the process and buyer incentives, you are welcome to use any lender of your choosing.

Question 21

Does Betenbough Homes finance home loans?

Accepted Answer

Betenbough Homes does not finance loans in-house, but works with local preferred loan officers to walk buyers through the loan process.

Question 22

What kind of warranty comes with a Betenbough home?

Accepted Answer

Betenbough Homes offers a 2-year comprehensive home warranty covering all materials and workmanship, including your water heater, HVAC, appliances, sprinkler system, and flooring. A 10-year structural warranty covers the foundation, trusses, and load-bearing walls.

Question 23

How is Betenbough Homes different from other home builders?

Accepted Answer

Betenbough Homes offers shorter build times, a dedicated point of contact for each stage of the process, a 2-year comprehensive warranty (double the coverage of most competitors), cost-plus pricing to keep costs low, and an in-house closing team.

Question 24

What is a PID?

Accepted Answer

A PID (Public Improvement District) is an area where homeowners pay a special assessment through property taxes to fund improvements and maintenance of community common areas like parks, playgrounds, and landscaping. PIDs are managed by city staff and an advisory board.

Question 25

Do Betenbough Homes communities have HOAs?

Accepted Answer

Betenbough Homes builds in communities with and without HOAs. When HOAs are present, fees are affordable and support ongoing maintenance and upkeep of the community.

Frequently Asked Questions

SALES

CONSTRUCTION

FINANCING

OTHER

Still have questions?

OFFICE HOURS