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Log Home Mortgage    

A log home mortgage is different than financing a "stick built" home. Not all lenders are set up to handle the requirements involved in a log home mortgage. Many will try to make your project "fit" their program, rather than fitting the log home mortgage to the unique requirements of your log home project. Email Log Home Mortgage questions

Log home mortgage packages offer many features and payment options.

  • Fixed or adjustable rates
  • Eliminate a second set of closing costs with a single close Construction/Perm log home mortgage
  • Use the equity in your land as down payment on your log home mortgage
  • Finance up to 95% of the appraised value (includes your land and the value of the home)
  • Construction periods are available up to one year with your log home mortgage
  • During construction, payments are interest only and only on the funds disbursed
  • Log home mortgage draw schedules are customized to meet the unique needs of the log home builder.
  • Appraisal comps do not always have to be log home construction if none are available in your immediate area

Several Log Home Mortgage options include:

  • One Time Close Log Home Mortgage Single Rate. "One Step" program which protects you against increasing rates and extended lock fees. Interest only fixed rate during construction and modifies into a permanent loan after construction. Great flexibility and low rates on ARMs.

  • One Time Close Log Home Mortgage Prime Rate Based. "Two Step" program allows you to borrow up to 95% of your total cost for a Principal Residence and up to 90% on a Vacation Home. Based on the Prime Rate  during the construction period with interest only collected on funds disbursed. Allows a 12 month construction phase. 

  • Lot Loans. Designed for those who found the perfect lot but are not ready to build. Low down payment loans available.

Read more about Log Home Mortgage Closing Costs

I have written a  newsletter covering construction/perm loans, and a construction FAQ is also available.

I have a list of documentation needed to process your loan.

There is a new page detailing log home mortgage fees.

I have detailed information on extended interest rate locks with a float down option. 

I have a page on calculating mortgage qualification ratios.

I have included a detailed Frequently Asked Questions and common misconceptions about the process of building your home with a construction/perm mortgage.

If you are not quite ready to build but have found the perfect lot. The new Purchase Plus Lot Loan can save you a great deal of money.

New! One of my favorite lenders has finally reopened their construction lending department. They can offer you the ability to modify into the incredibly flexible Cash Flow Loan when your construction project is complete.

Learn more about real estate investing. This article may be useful even if your property is to be owner occupied.

As a Certified Mortgage Planning Specialist, I offer an analysis of your situation today and can make suggestions on how a few small changes in how your debt is structured today can have a life changing effect in the years to come.  Read more about this free, no obligation service.

Log Home Mortgage   Prequalify for your Log Home Mortgage 


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Extensive consumer information on construction,remodeling, first time homebuyer,and no documentation mortgages.