F•A•Q

Buying a New Home
How much money do I need to put down?
Do I need an appointment to come and look at a model home?
What are my real reasons for buying a home?

Realtors and Lenders
Do I need to have a realtor represent me?
Should I use a realtor?
What / Who is a preferred lender?
How do I find a lender?

Programs
Do you offer a warranty?
I have some hiccups with my credit, can you help me buy a home?
Do you offer No Money Down payments programs?

Construction
How long does it normally take to complete construction?
What should I consider when choosing where to live?

 Buying a New Home

How much money do I need to put down?
Today’s minimum down payment requirements range from 3.5 percent on an FHA loan to 10 or even 20 percent for conventional loans. To help with this, Rausch Coleman Homes has partnered with Lenders that offer very flexible financing. In some cases, No Money down loans are available to qualified Buyers.

Do I need an appointment to come and look at a model home?
Most Model Homes are open Tuesday through Saturday, 10am-6pm. Sunday and Monday by appointment only. Confirm Model Home hours on each community page.

What are my real reasons for buying?
  • You want to build equity instead of paying a landlord. Fact is, if you get a fixed rate mortgage and make the payments for the full term of the loan, you’ll eventually pay it off. That’s not possible when you’re renting.
  • You want a place to call your own, where you can paint a wall purple, add a pottery spinning studio or build your dogs an obstacle course, because it’s your prerogative.
  • You want the tax advantages of home ownership.
  • You want a stable place you and your family can live for as long as you’d like.

 Realtors and Lenders

Do I need to have a realtor represent me?
At Rausch Coleman Homes we value our Realtor partners and will work with any Realtor of your choosing.

Should I use a realtor?
Using a real estate broker is a very good idea. All the details involved in home buying, particularly the financial ones, can be mind-boggling. A good real estate professional can guide you through the entire process and make the experience much easier. A real estate broker will be well-acquainted with all the important things you'll want to know about a neighborhood you may be considering...the quality of schools, the number of children in the area, the safety of the neighborhood, traffic volume, and more. 

What / Who is a preferred lender?
A preferred lender is one that the builder works with on a regular basis. It's an in-house service, similar to the repair center at the dealership where you buy your car. 

How do I find a lender?
You can finance a home with a loan from a bank, a savings and loan, a credit union, a private mortgage company, or various state government lenders. Shopping for a loan is like shopping for any other large purchase: you can save money if you take some time to look around for the best prices. Different lenders can offer quite different interest rates and loan fees; and as you know, a lower interest rate can make a big difference in how much home you can afford. Talk with several lenders before you decide. Most lenders need 3-6 weeks for the whole loan approval process. 

 Programs

Do you offer a warranty?
Yes, we do. We offer a Limited Lifetime Warranty that is truly unique.

I have some hiccups with my credit, can you help me buy a home?
Ask about our free Credit Repair Program we offer Rausch Coleman customers. Let our credit repair experts assist you. One of our consultants who will work closely with you, your loan officer and even your realtor to better understand your future financing goals. 

Do you offer No Money Down payments programs?
Yes, we do. Please refer to our List of Communities. Select the community in which you are interested and we will provide you with the information needed to get qualified for a New Home.

 Construction

How long does it normally take to complete construction?
Construction time is around 3 - 4 months.

What should I consider when choosing where to live?
At first, you should have several areas in mind in which to search for your new home. You want to give yourself a lot of options. If you have children (or are planning to start a family), investigate the school districts in the areas you are looking at. Also consider often forgotten things like traffic. Visit a potential new home during rush hour to test the waters. 
You are here: Home About Us F•A•Q
Register now to save $1,000's with our special offers and buying incentives!     Register Now!