monolithic domes have withstood moab bombs and f4 tornadoes. but they're unconventional construction so financing is problematic
monolithic domes have withstood moab bombs and f4 tornadoes. but they're unconventional construction so financing is problematic
Interesting. Last time I looked into a construction loan they didn't even ask me what I was going to build the house out of, but maybe that comes further down the loan process. Regardless, I'm sure I could work it out with USAA, especially if it was a hybrid with both dome and ICF.
Before the loan is approved or first payment is disbursed, the lender would have reviewed the 'builder package' which includes plans, architecture drawings etc. They will turn it down if it is not traditional single family home.
The best way to apply for developer loan or construction loan on 'custom' build like this is to approach local banks. Citywide bank in Aurora, CO will do something like this.
I probably drive past your land every day on the way to work. I've seen the signs out there "land for sale." Mostly 5 acre parcels. Do you have a well out there? Please tell me about the possibilities of being self-sufficient, as that land seems very prohibitive to me. (I grew up in the rainy midwest).
Last edited by HoneyBadger; 07-31-2012 at 09:47.
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