Just For You
New Construction, Custom Home & Renovation Home Loans
Our extensive knowledge of the new construction and renovation loan market, allows us to offer a wide range of products, competitive pricing and streamlined loan processing. Whether you are interested in new construction, custom home, renovations or a complete tear-down, we welcome the opportunity to discuss your project in detail.
New Construction
If you have your eye on a newly constructed home or a home that’s nearly complete, we’re here to help. Feel confident knowing your rate is locked in a fluctuating rate environment. Buying a new construction home can involve lots of exciting choices and unique opportunities.
Extended Rate Protection
- Ensure long-term rate lock protection during construction
- Lock Term Options up to one year
- Float Down Flexibility if interest rates drop within 30 days of closing
- Have peace of mind while you wait
Custom Home Construction
Our Construction Lending Department provides funding for lot/property acquisition, demolition (if needed), transaction costs (if equity permits) all the way through construction completion. When your new home is nearing construction completion, we will work with you to obtain a permanent loan that best suits your needs.
Construction to Permanent Loan Programs
- Saves you time and money
- One-Time-Close option available
- Allows for up to 12 months of build time with possible extensions
Renovation Loans
A renovation loan program is a great choice, especially for first-time homebuyers, current owners or purchasers of homes in need of repair or renovation. The programs can be used for primary residences, vacation homes and investment properties. Our renovation home loan experts can provide options for your specific situation so you can choose the solution that meets your needs.
- Use for a wide range of home improvement needs
- Purchase an AS-IS home
- Loan amount covers purchase price plus renovations funds
- Refinance and Remodel
- Primary residence, vacation home or investment property
- All with a single loan
Contact your George Mason Mortgage loan officer today for more information. We will work closely with you and your contractor/builder to design a flexible and sensible draw schedule. In-house underwriting, local loan administration, and an experienced team help to ensure a smooth mortgage financing process every step of the way.
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Knowledge Base

Rent prices out of this world?
At George Mason Mortgage, we understand the challenges you may be facing in today’s housing market, and we are here to empower you with viable …

Achieve Your Dream Home and Tackle Student Debt with Maryland SmartBuy Program 3.0
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Unlocking Opportunities with Gifts, Grants, and Affordable Seconds
GIFTS Take advantage of the generosity of your loved ones or community organizations! This allows you to receive financial assistance from eligible donors to use …

Essential Checklist for First-Time Homebuyers
Essential Checklist for First-Time Buyers: Your Path to a Successful Mortgage Journey Buying your first home is an exciting milestone! To ensure a smooth and …

DC Open Doors and the Maryland Mortgage Program
DC Open Doors and Maryland Mortgage Program Purchasing a home can be a daunting experience, especially if you’re a first-time homebuyer. One way to make …

9 Tips To Help You Prepare to Purchase Your First Home
9 Tips to Help You Prepare to Purchase Your First Home Buying your first home is an exciting milestone in life, but it can also …

Greenbelt Home Advantage
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What Is A Mortgage Recast?
You have probably heard of refinancing your mortgage as a way to potentially lower your monthly mortgage payments. There is also another possible option called …

How Do Down Payment & Closing Cost Assistance Programs Work?
Who Can Receive Down Payment Assistance? While many down payment assistance programs are often paired with loan options for first-time homebuyers, this is not always …

FHFA Announces Conforming Loan Limits for 2023
Baseline Conforming Limit Will Increase to $726,200 FHFA Announces Conforming Loan Limits for 2023 | Federal Housing Finance Agency Washington, D.C. – The Federal Housing Finance …

Home Inspections
Home inspections give you the opportunity to have the home thoroughly examined by a professional before you spend any money to purchase it. Paying for …

10 Homebuying Terms Everyone Should Know
Here is a list of frequently used homebuying terms and their definitions. What is an adjustable-rate mortgage (ARM)? An adjustable-rate mortgage is a type of …

What Is Commonly Negotiated When Buying A Home?
With homebuying, everything is negotiable, from repairs and closing costs to furniture and appliances. Offers and counteroffers can negotiate on a mix of these factors. …

7 Ways to Stand Out as a Potential Homebuyer
With rates near all-time lows, the housing market is buzzing with potential buyers! Low rates mean more affordable payments or more home for your money, …

Virginia Housing Update
Virginia Housing (formerly referred to as VHDA) offers affordable loan programs for Virginians. With the update of Income and Sales Prices in addition to an …

5 Tips for Making an Offer on a Home
1. Check your emotions Buying a home can be both exciting and stressful. And, after a long home search, it’s easy to overlook some red …

Get Your Cash Back
Paying cash for a home has benefits. Take advantage of being a cash buyer to give the seller confidence the transaction will close quickly and …

The Lowdown on Down Payments & Mortgage Insurance
Many first time home buyers believe they must put 20 percent down on a home. But that is far from the truth! In 2019, NAR …

9 Tips for Purchasing Your First Home
Beginning the home buying process can be a very exciting, yet nerve-wracking experience for anyone starting off. These tips will help answer some questions to …

Homebuyer Options
Low Down Payment Programs & Grants George Mason Mortgage has many program options, contact one of our experienced mortgage professionals to see if one is …

Moving Checklist
6-8 Weeks Before Moving Budget for moving expenses and obtain estimates from moving companies Call insurance companies to identify record changes Cancel or transfer gym, …

Your Journey Home
Knowing the path will travel together helps the journey go more smoothly. We have outlined some important steps so you know what to expect along …

Homebuyer Tips
Our goal is to make your home buying experience as smooth as possible. We have highlighted some best practices to help keep your finances in …

Getting Started
Whether you are buying your first home, right-sizing now that the kids are gone, navigating the jumbo luxury market, renovating your home, or working with …