This article is one of the few in which we have actually vented our yearlong frustrations in dealing with finding a general contractor to build our home, topped off with some of the runaround we’ve received from the banks who seem unwilling to finance log homes in this area.
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If there’s one thing we’ve learned about building & financing a log home… it’s the fact that it gets a little scary when you start to consider all of the ‘unknowns’. This might help…
We learned quickly that getting a loan for a log home is quite different than getting a loan for a traditional ‘stick-built’ home. Odds are, even if you qualify for a traditional home mortgage, you might not qualify right away for a loan to build a log home. When we were trying to obtain a loan to build our log home, these are the banks and mortgage lenders that we personally approached for a construction loan, and highlights from our experiences with each of them.