A builder incentive can draw attention to a new-construction home in Lawrenceville, but the advertised credit is only one part of the purchase. Ask how the incentive works and compare the complete financing proposal. A careful comparison considers both the house contract and the mortgage you would actually receive.
Get the incentive conditions in writing
Ask which lender, title provider, closing date, or other conditions are tied to the offer. Clarify whether the benefit changes if construction is delayed or your financing changes. Keep the written terms with the purchase documents so the incentive is not remembered as a broader promise than the builder made.
Compare the same purchase assumptions
Ask lenders to use the same price, property use, borrower information, and intended loan structure. Written Loan Estimates become easier to compare when those assumptions align. If the proposals differ, identify why before deciding that one has lower costs. A larger credit alone does not settle the comparison.
Look at the rate and cost relationship
Review interest rate, lender charges, points if any, and the estimated funds due at closing together. Ask how each incentive is reflected in the figures and which costs remain yours. Consider the proposed mortgage over your expected ownership period without assuming that you will refinance on a particular date.
Account for the construction schedule
Ask what happens if the home is not complete when expected. Rate-lock timing, extension terms, and updated borrower documents can affect the plan. Clarify who bears any applicable extension cost. Coordinate questions between the builder and lender so their timelines describe the same expected closing.
Confirm the final eligibility review
Builder credits and other contributions remain subject to applicable loan requirements and the actual transaction. Ask how the lender will review the proposed incentive and what changes could affect it. Continue providing updated financial information as requested. A sales-center conversation is not a final mortgage approval.
Discuss your next step
Contact Reliant Mortgage to compare financing for a Lawrenceville new-construction purchase. Bring the builder’s written incentive terms and current loan information for a meaningful discussion. Contact Reliant Mortgage.
Helpful resources
CFPB: Compare Loan Estimates
Loan options and availability depend on borrower and property eligibility, program requirements, and underwriting. This article is educational and is not a commitment to lend.
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