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Avatar for Next Level Roofing & Construction
Next Level Roofing & Construction
4.4(
81
)
Find a Custom Home Builder

Serving Bement, IL and surrounding areas

In business since 2010

Free estimates

Credit card accepted

"James crew where amazing. Very good at what they did and very polite. Did everything I asked them to do to protect my landscaping while tearing off my roof and replacing. James kept me informed ever step, even when there where delays. You will get customers who you just can't please. I have dealt with them when I worked. So before you pass on this company. Talk to the owner James. And again his workers are amazing."
Response time6 hrs
12 neighbors recently requested a quote
Recommended by84%of homeowners
Avatar for World Painting Company
World Painting Company
3.9(
43
)
Find a Custom Home Builder

Serving Bement, IL and surrounding areas

In business since 2002

Free estimates

Emergency services offered

"

My wife and I have used World Painting several times over the last four years in two different houses.  The most recent project was a complete makeover of the outside of our home.  We consulted with the World Painting staff on the design (two tones) and the proper colors to use.  We are very happy with the outcomes; both the appearance and the quality of workmanship.


"
Hair Salon Remodel
Restoring Historical Home
Remodeling Cabinets
Recommended by78%of homeowners
Avatar for CU Midwest Designs
CU Midwest Designs
4.0(
4
)
Find a Custom Home Builder

Serving Bement, IL and surrounding areas

In business since 2018

Free estimates

Emergency services offered

"They did a great job and it was a beautiful work. They give me the choices of colors, they have their ladders, they were careful about safety, they patch a lot of places and areas, and I was very happy with the service. They did an excellent job and did what I ask them to do. They work hard and it was worth the price. They had a good customer service, very professional, good paint, and technology."
Recommended by100%of homeowners
Schrock Builders, LLC
4.5(
1
)
Find a Custom Home Builder

Serving Bement, IL and surrounding areas

In business since 2001

Free estimates

With 20 years of experience in the home improvement industry, Schrock Builders, LLC is your industry leader from Arthur and everywhere in between. We pride ourselves on our extreme professionalism and attention to detail. As a family owned and operated business, you can trust we will treat your project as we would treat our own. Our satisfaction guarantee will assure you that we will not leave your property until you are completely satisfied with our work. Give us a call today, we look forward to working with you!

Response time2 days
Response rate90%
Recommended by100%of homeowners
Showing 1-10 of 12
Custom Home Builders questions, answered by experts

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.

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.

The average cost to build a modular home is around $270,000, and most modular homes total between $180,000 and $360,000. Of course, this price varies significantly by location, and the price tends to follow the cost of living in the area. There are quite a few other factors at play that can affect your pricing, including the following:

  • Number of bedrooms and bathrooms

  • Site preparation, including land clearing and leveling

  • Type of foundation

  • Utility connections

  • Cost of building permits

Ultimately, a work warranty is only as reliable as the contractor you’ve hired. That’s why trust and reputation are such important factors, in addition to having a solid contract and confirming appropriate licensing, insurance, and bonding. When looking for a contractor, it’s a good idea to read online reviews and ratings to see what kind of experience past customers have had. Issues with your contractor can make for an unsatisfying renovation process, but a reliable contractor can make the process go as smoothly as possible.

The Bement, IL homeowners’ guide to custom home building

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