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Avatar for American Custom Homes
American Custom Homes
5.0(
3
)
Find a Custom Home Builder

Serving Beardstown, IL and surrounding areas

In business since 2000

Emergency services offered

Credit card accepted

"I would like to start off with precise, warm welcome and highly responsible of what they are doing. They really know what they are doing and from start from start to end it has been a great project with new experiences and great craftsmanship. Thanks again guys and i hope to have more work for you soon...
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Stone Travertine
12x6 Travertine hand cut
Complete Steamer
Recommended by100%of homeowners
Avatar for Kruse Quality Construction & Spray Foam Insulation, LLC - Home  Facebook
Kruse Quality Construction & Spray Foam Insulation, LLC - Home Facebook
New to Angi
Find a Custom Home Builder

Serving Beardstown, IL and surrounding areas

In business since 1990

Free estimates

We pride our company on reliability, great communication, integrity, and quality work. We are experts in our trade and will do our best to keep you as educated as we can on your particular task or project. We look forward to earning your business!

Response time10 mins
Sherwood Construction Services
New to Angi
Find a Custom Home Builder

Serving Beardstown, IL and surrounding areas

In business since 2002

Emergency services offered

Credit card accepted

We are a Full Service Construction Company. Since 2000, our construction and remodeling company has offered a wide range of improvement services for residential, commercial, and industrial clients throughout the Chicagoland area.\nWhether you are wanting a Full Remodel or a Refacing we specialize in it all. \nGive your old tub a new lease on life with bathtub reglazing and repair by Sherwood Construction Services. We perform color changes and refurbish worn or fading bathtubs for far less than a new replacement.\nUpgrade your counters and cabinets affordably with our countertop resurfacing and cabinet refacing services. We offer a wide selection of materials and finishes to give your kitchen or bath a completely new look.\nransform your existing bathroom into a stylish and relaxing oasis. Our professionals provide comprehensive bathroom remodeling, featuring modern design that is tailored to your personal style and preferences.

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Custom Home Builders questions, answered by experts

Yes, you can finance new construction, though the process often requires a different type of loan than one for an existing property. There are several financing options available:

  • Construction-to-Permanent Loan: This is a common option where a single loan covers the building costs and then converts into a traditional mortgage once construction is complete and you move in.

  • Construction Loan (Stand-Alone): This type of loan provides funding only for the duration of the construction project. Once the house is built, you will need to pay the loan in full, typically by securing a separate, standard mortgage.

  • Builder Financing: Some custom homebuilders offer their own financing options, which may only require a down payment to begin the building process.

  • Bridge Loan: This can be a useful short-term loan to fund your new construction while you are in the process of selling your old home.

  • Home Equity Options: If you are building a second home, you might be able to use a home equity line of credit (HELOC) or a cash-out refinance on your current property.

It's also important to be aware that some lenders may have restrictions on financing for DIY house builds, so be sure to verify that you can secure financing before starting your project.

Modular homes can be a great investment, especially for those who find the prices of stick-built real estate too high. Modular homes are usually much more affordable because they’re mass-manufactured and then assembled on-site or delivered mostly assembled. If they’re installed properly and by professionals, they can last for between 50 and 100 years, potentially making them an outstanding investment.

Yes, you can finance cottage construction through several options. Construction loans provide funds in stages as work progresses, while home equity loans or lines of credit are available if you have existing property. Some lenders offer a combined construction and permanent mortgage. Always review loan terms and payment milestones before committing.

How long it takes to build a custom home or rebuild a home after a disaster varies depending on many factors, but averages between seven and 14 months. Smaller homes or homes that don’t need a re-poured foundation may take less time to build than larger homes or homes without an existing foundation. Material availability, contractor schedules, and permit and inspection timelines can all affect how long your house takes to build.

A construction-to-permanent loan is the most common type of mortgage used to finance a house teardown and rebuild. These loans include financing for construction costs and convert to a long-term mortgage once construction is complete. Check the terms of the loan closely before beginning work—there are often restrictions requiring you to use licensed contractors for all work.

The Beardstown, IL homeowners’ guide to custom home building

From average costs to expert advice, get all the answers you need to get your job done.