What Are The Next Steps?
After your place your initial deposit fee, a ARABTEC dealer will reach out to coordinate a preliminary site plan & site analysis for your project. The dealer will be responsible for taking site measurements, putting together a site plan, looking into permitting, zoning, and site preparation requirements.
Your ARABTEC dealer will give you a more accurate estimate after completing the steps listed above.
Your dealer will walk you through different financing options. There are various ways to pay for your project. Click here to learn more . The option that you choose depends on your specific financial situation, market conditions, and personal preference. The most common options include:
Home Equity Line of Credit (HELOC)
A home equity line of credit, otherwise known as a HELOC, is a revolving line of credit that is secured by the equity in a homeowners existing property & typically structured as a 2nd Mortgage. This can be a flexible and cost-effective financing option if you have significant equity in your existing home (especially if you already have a low-rate 1st mortgage that you want to keep in place).
Secured and Unsecured Financing
You are able to explore financing options through various banks, credit unions, and/or direct mortgage lenders to pay for your Two Bedroom Casita. Down payments, loan terms, interest rates, and monthly payments generally vary based on how the loan is structured as well as your specific financial situation.
Cash
Paying for your project in full without using any sort of a loan is always an option as well. Paying in full can be an attractive option for those with the means to do-so, as it results in no monthly mortgage payments.
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