Call
Inquire
Tour
Warranty
From low monthly payments to $0 down loan options, our partnerships with trusted local lenders help turn the dream of owning your first home into a reality!
Financing your new Betenbough home purchase is as easy as 1, 2, 3!
New Home
Financing
1. New Home Tour
When purchasing a new Betenbough home, the best place to start is with our team! No mortgage pre-approval is required to attend your New Home Tour with us. Just bring yourself, and our teams will get you connected with the right people to help with the rest! At your New Home Tour, your new home specialist will get to know you, your family, and your unique situation. You'll receive recommendations on a floor plan and community, plus you'll have the opportunity to tour both. This experience will prepare you to pursue new home financing.
2. Preferred Lender Introduction
Based on the information you share, your New Home Specialist will connect you with a trusted local lender best equipped to guide you through your new home purchase. Our network of preferred lenders specialize in everything from credit repair to down payment assistance, so regardless of your financial situation connecting with their team can get you on the right path! Whether you need lower monthly payments or $0 down payment options, these qualified representatives will provide valuable guidance and resources for your new home financing.
3. Get Pre-Approved!
Once you're connected with a preferred lender, they can tell you more about the specific requirements for your mortgage pre-approval. These typically include proof of income, assets, and employment as well as identification documents like your driver's license and Social Security number. After they review your documents, your lender will provide you with a pre-approval letter for your loan amount, or with next steps to get pre-approved for new home financing in the future.
Compare Buying a Betenbough Home to
Getting a New Construction Loan
One advantage of purchasing your new home from Betenbough Homes is that you won't have the headache of a new home construction loan. With our streamlined process, you pay a $1,000 construction deposit when you sign the purchase agreement; this locks in pricing. Then you pay NOTHING until closing when you simply finance your new home with a mortgage!
Read More
A new home construction loan, on the other hand, demands you pay interest during construction, often requires a down payment of at least 20%, sometimes has a more rigorous approval process than mortgage loans, and necessitates the lender approving the builder's plans. A new home construction loan is usually more expensive than a conventional loan, and the interest rate is typically higher that mortgage loan rates. Furthermore, these loans usually have to be rolled into a permanent mortgage once the home is completed. With Betenbough Homes, you get the excitement of building a brand new home without the hassle of a new home construction loan. Our seamless process saves you time and money, plus it allows you to save while your home is being built. Additionally, you can enjoy peace of mind knowing that our experienced team is handling all the details, ensuring a smooth and stress-free experience. From selecting your home design to closing day and beyond, we are with you every step of the way, making your dream home a reality.
Ready to take the first step?
Schedule your New Home Tour today!
West Texas' Number One
New Home Builder
