Financing

Finacing Your Dream of Log Home Living

Now more than ever, you need Southland's helping hand to arrange financing for your new log home. Southland Log Homes has established a network of Construction Lenders to assist you in financing your log home dream. We will help you identify those qualified lenders in your area who understand your log home needs.

While preparing for your log home financing, develop a realistic budget and maintain access to cash.
Most lenders will allow land equity to help meet the stricter requirements, although some may require a portion of that equity to be in cash. Generally, lenders will expect the owner to have at least 20% equity in the form of cash or land equity. If you currently own a home, even one that you are planning to sell, you may be able to use a Home Equity Line of Credit (HELOC) to help finance your new log home. This process may be much simpler and faster than other alternatives.

Develop multiple paths to your dream – plan for the unexpected.

In today’s environment, it is not at all unusual for one lender to readily approve what another has turned down. For this reason, it is a good idea to have at least one or two alternative lenders identified in case the initial attempt is not successful. Turn to Southland to help you identify the best log home lenders for your particular situation.

Make the decisions on your plans and your construction.

Log homes are not ordinary homes. They are a lasting legacy with unique features not found in conventional stick framed houses. Although appraisals have become conservative, knowledge of log homes can help ensure that you receive a fair and accurate appraisal. Southland submits to each appraiser a log home fact sheet with their log home plans designed to aid the appraiser in identifying the unique qualities found only in a Southland Log Home. Open beams, cathedral ceilings, custom wall and floor coverings, custom trim and cabinetry, custom stairs and railings, custom masonry and stone fireplaces, extensive porches and decks, and other personalized features are just some of the qualities you can expect on a Southland Log Home.

We will introduce you to qualified, licensed and bonded Southland Preferred Builders in your area.

Southland has developed a network of licensed and insured Preferred Builders that satisfy the lender’s criteria for building a quality log home. In addition, these Preferred Builders offer an industry leading warranty designed to enhance the peace of mind that only a log home can provide. If you intend to construct your own log home, some lenders will still allow the owner to act as the general contractor. Let Southland help you identify those lenders.