Search Homes Build On Your Land With $0 Out-of-Pocket During Construction
Skip expensive bank construction loans, eliminate interim interest payments, and avoid double closings. Precision Homes finances 100% of your build using your land's existing equity.
See How Much You Save Compared to Traditional Loans
Adjust your estimated build budget and land value to see your immediate out-of-pocket savings.
Customize Your Project
*Precision Homes credits 100% of your verified land equity toward down payment requirements!
- Cash Down Payment Required:$47,500
- Interim Loan Interest (Out-of-Pocket):$15,141
- Double Closing & Origination Fees:$11,875
- Draw & Inspection Administration Fees:$2,950
- Total Cash Burden During Build:$77,466
- Cash Down Payment:$0 (Land Equity Used)
- Interim Monthly Interest:$0 (Precision Funds It)
- Closing Costs:Single Move-in Closing
- Draw & Admin Fees:$0 Included
- Total Cash Burden During Build:$0 Out-of-Pocket
Estimates for comparison only, based on an assumed 8.5% construction loan rate and typical closing and draw fees. Your actual costs depend on your lender, project and land equity. This is not a loan offer or a commitment to lend.
How L.E.A.P. Makes Building on Your Land Stress-Free
No bank bureaucracy, no surprise cost spikes, and no juggling multiple loans. Here is how we turn your acreage or lot into your custom home.
Land & Equity Assessment
We perform a complimentary site and equity evaluation of your property. Your verified land value serves directly as your construction collateral, even if you still owe on your land note.
Design & Guaranteed Price Lock
Choose from our collection of proven floor plans or customize finishes to suit your family and land topography. You receive a guaranteed fixed-price agreement with no hidden escalation clauses.
Precision Homes Builds & Funds
Precision Homes finances 100% of construction materials and labor. You make $0 monthly payments during construction, avoiding the stress of paying double living expenses.
One-Time Move-In Closing
When construction is complete and inspected, you close once into your permanent 30-year fixed mortgage. Your land equity is already credited, giving you immediate built-in equity from day one.
Still Paying on Your Land? We Can Roll It In!
You do not need to own your lot free and clear. If your land has appreciated, your equity covers both the build and pays off the remaining land note at final closing. Not sure we build in your area? See where we build.
Frequently Asked Questions About L.E.A.P.
No. You do not need to have your land paid off. If you currently have a land loan or are making monthly payments on a parcel, we can roll the remaining balance into your permanent mortgage at completion. As long as the appraised value of the land provides sufficient equity, you qualify for 100% builder-financed construction.
Under the L.E.A.P. program, Precision Homes uses its own capital and credit lines to fund all construction costs, subcontractors, building permits, and materials. Because we fund the build directly, you never have to apply for or pay interest on a third-party interim bank construction loan.
No. Your payment to Precision Homes during construction is $0. This protects your cash flow so you can comfortably maintain your current home, apartment rent, or living expenses without the strain of two housing payments.
Because you did not take an interim construction loan, you only go through a single mortgage closing when the home is 100% complete and ready for occupancy. This eliminates duplicate lender closing fees, duplicate title policies, and interim draw fees, saving you between $6,000 and $12,000 in closing costs alone.
Yes. Precision Homes allows full customization. You can expand room dimensions, add covered porches, reconfigure kitchens, or bring in your own custom architectural drawings. Once finalized, we lock in a guaranteed fixed contract price before building starts.
We provide a complimentary site evaluation and comparative market analysis (CMA). Equity equals the current market value of your parcel minus any remaining balance owed on the property. We do all the legwork for you at zero charge.