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Homeowner signs the

purchase agreement

Step 2:

Homeowner applies

for a mortgage

Step 3:

Homeowner receives

an accepted and signed

purchase agreement

Step 4:

Mortgage Company

issues homeowner a

commitment letter

Step 5:

Homeowner selects

interior materials

and finishes

Step 6:

Your sales consultant

releases your paperwork

to construction

Step 7:

Construction dept.

surveys lot &

obtains permits

Step 8:

Foundation

is poured

Step 9:

Framing begins on

your new home

Step 10:

Plumbing, Electrical &

Heating/Cooling Systems

are "roughed in"

Step 11:

Insulation and energy

work completed

Step 12:

Drywall

installed

Step 13:

Homeowner contacts

mortgage lender

Step 14:

Interior trim,

flooring and cabinets

are installed

Step 15:

Homeowner receives

closing & walk-through

dates

Step 16:

Carpet

is installed

Step 17:

Construction dept.

does a quality

control inspection

Step 18:

Homeowner's first

new home orientation

Step 19:

Homeowner arranges

for certified funds

Step 20:

The day of closing!

Step 21:

Warranty follow-up

Step 1

Homeowner signs the purchase

agreement

Congratulations! Signing the purchase agreement is

the first step to purchasing your new home. You

and your sales consultant will carefully review how

your new home will be built with regards to front

elevation, first and second floor layouts, and all structural

items. At this time, if your exterior color package has

not already been specified by our design team, you will be

selecting your exterior color package from one of our many

pre-coordinated choices.

Step 2

Homeowner applies for a mortgage

Now is the time to meet with the lender personally, in order to apply for

a loan.Your lender will help in determining what loan program is

best for you. In preparation for your meeting you will need

to gather the following documents and bring them with

you to your mortgage application appointment:

a. Copies of most recent one month's pay stubs.

b. Copies of your last two year's W2s.

c. Copies of your three most recent month's bank

statements.

d. List of all monthly debts

(acct #, credit card balances, car payment).

e. Copy of purchase contract and earnest money check/receipt.

f. If renting, landlord address & phone # for past 12 months.

g. Copy of driver's license or other photo ID.

h. DD214 (VA only).

i. Certificate of eligibility (VA only).

At the time of your mortgage application, your lender will give you what is

called a "good faith" estimate. This will give you a break down of what your

monthly payments will be, as well as what your closing costs will be. Keep

in mind that these figures will change slightly at closing, depending on the

actual interest rate you lock in, what your final down payment amount is, and

what day of the month you close.

It is also important to understand that, throughout the loan approval

process, your lender may request additional information from you. This

information may be required so that your lender can process the loan

and give you a loan approval. It is crucial that you supply the lender with

all information in a timely manner, so that you do not delay your loan

approval and the start of your home.

Step 3

Homeowner receives an accepted

and signed purchase agreement

After you sign the purchase agreement, the original

copy will be sent to our corporate office, whereby

we will sign and accept it.You will receive copies

of the executed purchase agreement via certified

mail within twenty days of your signing date.

Step 4

Mortgage company issues

homeowner a commitment letter

Congratulations! You have been officially approved

for a mortgage. Once you receive your approval it

is very important that you review any of the

listed conditions on the approval with your

lender, so that you understand what is expected

of you. During the remainder of the construction

process, it will be important for you to discuss any

potential changes to your financial status with your

lender. Whether you intend on purchasing a large item, such as

an automobile, changing employment or even receiving a cash gift

from a family member, it is vital that you talk to your lender first.

The reason for this is to make sure you don't negatively affect

your ability to purchase your home. It is necessary for your file

and credit report to be updated thirty days before you close on

your home.

Step 5

Homeowner selects interior

materials and finishes

An interior design consultant will contact you

directly to schedule an appointment for you to

select your interior colors and materials.You will

select items such as flooring, interior trim, cabinets,

countertops, and appliances. In the