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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Get Started on Your Journey Home
Knowledge Base
Rent prices out of this world?
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Achieve Your Dream Home and Tackle Student Debt with Maryland SmartBuy Program 3.0
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Essential Checklist for First-Time Homebuyers
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DC Open Doors and the Maryland Mortgage Program
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How Do Down Payment & Closing Cost Assistance Programs Work?
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FHFA Announces Conforming Loan Limits for 2023
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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 …
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What Is Commonly Negotiated When Buying A Home?
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5 Tips for Making an Offer on a Home
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Homebuyer Options
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Moving Checklist
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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 …