DANIEL WHITAKERMORTGAGE

NEW-CONSTRUCTION FINANCING

Builder contracts deserve independent eyes.

New-construction purchases in communities like Lake Nona, Clermont, and Sanford involve builder lenders, incentive structures, CDD assessments, and long timelines. Daniel helps you evaluate all of it before you sign.

Who this financing is designed for

Buyers purchasing from a production or custom builder in Central Florida.

Buyers weighing a builder-lender incentive against independent financing.

Relocating families buying a home that won't be finished for months.

What to evaluate

Incentives versus real cost

Builder credits tied to their in-house lender can be genuine value — or can be recovered in rate and fees. The comparison deserves an actual side-by-side.

CDD and HOA obligations

Many new communities carry community development district assessments that add meaningfully to the monthly payment for decades.

Rate protection over a long build

Extended lock options, float-down provisions, and what happens if completion slips past your lock.

Walkthrough and appraisal timing

How financing milestones align with construction milestones, so closing isn't hostage to either.

Documentation to gather

Builder purchase agreement and addenda

Incentive and lender-credit terms in writing

Standard income and asset documentation

HOA and CDD disclosure documents

Common mistakes to avoid

Signing the builder contract before any independent financing review.

Comparing lenders on rate alone while ignoring fees and credits.

Ignoring CDD assessments when budgeting the monthly payment.

The next step

Bring the builder's offer — Daniel will put the in-house financing and independent options side by side so the decision is yours.

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