Are you looking for an affordable new home community? Champlin makes it easy to get exactly what you want in your new home with our preferred lender, Cache Valley Bank. Jed Palmer from Cache Valley Bank is a seasoned lender who understands the new construction process, and will guide you along the path to your new Champlin home.
At Champlin, our new home communities are the perfect place to foster new relationships and live life to the fullest. Whether you're a first time homebuyer, a growing family, or just looking to live a more fulfilling lifestyle, our award-winning homes are well designed and surprisingly affordable.
How affordable? That’s where our Preferred Lender comes in. Jed Palmer at Cache Valley Bank has worked with countless Champlin customers to help them identify the right home for them at an affordable price.
The new construction process is unique, so it’s important that you work with a lender that is familiar with every step. Even better to work with a lender who specifically understands the company you are purchasing your new home from. Our Preferred Lender fits the bill on both counts, making the new home financing process low-stress and easygoing.
There are five key steps to follow for new home financing:
1. Set Your Budget.Before buying a new home, it's crucial to set your budget. This involves assessing your financial situation, understanding your monthly income and expenses, and determining how much you can comfortably afford to pay for a home. Remember to factor in additional costs such as taxes, insurance, and maintenance. Having a clear budget can help guide your home search and prevent financial stress in the future.
2. Choose Your Champlin Home.At Champlin homes, we make it easy and affordable to build a well-designed home. We build in quiet communities in Cache Valley, Utah, that have like-minded neighbors, and homes where you can safely live with peace-of-mind. The hardest part may be choosing which community you like best. We invite you to browse all of our communities and see the floor plans that are offered at each one.
3. Secure New Home Financing.Securing new home financing is a pivotal step in the home-buying process. It's essential to understand the different types of mortgages available and to choose the one that best fits your financial situation. Your Preferred Lender can explain current interest rates, terms, and conditions of your mortgage. You should leave the meeting with your lender feeling confident with your monthly payment, a clear understanding of the financing qualification process, as well as the overall terms of the mortgage.
4. Personalize Features.If you are not selecting a spec home from Champlin, you will have the opportunity to personalize your home with your desired features. Customizing your home with Champlin is a unique opportunity to create a living space tailored to your personal tastes and needs. With a personalized new home from Champlin, you have the ability to make decisions on the options that will allow you to stay in your home forever. This includes materials and design features, ensuring that your home is truly a reflection of you.
5. Close On Your New Home.The closing process for a new Champlin home is as streamlined as possible. After new home financing approval, the buyer signs all necessary documents, does a final walkthrough with the Champlin team, and pays the closing costs, then the home is yours. While the closing process may seem short and sweet, the Champlin team is there for you long after the keys are handed over. Each Champlin home comes with a warranty you can count on.
At Champlin, we pride ourselves on building low-maintenance homes that are both beautiful and practical. You’ve earned the right to have an uncompromisingly good home. We never skimp on location, quality, convenience or style. Our goal is to simplify the homebuilding process, so you get exactly what you want at a price you want, too. But, the best time to get the most affordable home was yesterday. The next best time? Right now.