Customer support portrait
How Can We Help?

Our team of Online Home Consultants is eager to answer your questions about our unique process.

Posted by Kari Montoya on Apr 9, 2021 2:30:00 PM

For over 50 years, Adair Homes has built on-your-lot custom homes throughout the greater West.  Founded on the idea of helping people improve their quality of life through home ownership, Adair Homes’ unique home building process ensures that our home buyers receive tremendous value for every dollar they invest, making their new house a very wise financial investment.


62bceion7o7xguj913jr51etigpvjvnujb0vbkxw (1)

Construction Loans

Thanks to a strong partner relationship with Alliance Financial, Adair customers are able to obtain construction loans that easily transition into traditional mortgages at their homes’ completion—and include equity gained through the building process on Day One.

These One Time Construction Loans (OTC) only require one qualification process—and include a long-term interest rate lock, with an additional one time FREE float-down option. 


“When your Adair home is complete, you can move in with confidence. Your loan can be reevaluated at that time, and if the market is offering lower interest rates, Alliance Financial will float down your interest rate to the lower market rate—with no additional cost."

- Ryan Holtcamp, General Manager at Alliance Financial Services. 

Loan Types

Conventional Loan

Conventional loans are a type of mortgage loan that are not insured or guaranteed by the government. The loan is usually backed by a private lender, and insurance for the home is paid by the borrower. These are the most common types of loans, and offer buyers more flexibility than government-backed loans. In general, Conventional loans have stricter credit requirements than government loans.

FHA Loan

FHA loans are backed by the Federal Housing Administration, and offer individuals with lower credit scores, an affordable housing option. This loan requires a minimum 5% down payment, and buyers should expect to pay a monthly mortgage insurance premium in addition to their mortgage.

VA Loan

To qualify for a VA loan, you must be a previous or current member of the U.S. Armed Forces or National Guard - or have an eligible surviving spouse. This loan requires a 5% down payment, but there are no payments due during the build process.



After you contact Adair Homes, we’ll put you in touch with a loan officer from Alliance Financial. With information provided by you, a prequalification letter is issued. In contrast, a pre-approval is verified financials (income/assets) with credit review.  

2979 - Tamarack - 312390-13 (19) - 11

“Sometimes customers’ credit scores are under 680.  In these cases, our licensed loan officers can run simulators to give guidance as to what is needed to increase credit scores,” says Ryan Holtcamp. “We'll give you the game plan and you put in the effort. After you have followed through with our recommendations, we will review credit and re-engage with you to move the loan process forward."

Credit Requirements

Today's Conventional, VA, and FHA loans share a similar set of requirements:

    • 680 credit score for conventional

    • 670 credit score for FHA/VA

    • Up to 47% max debt ratio for conventional based on AUS approval (automated)

    • Up to 55% max debt ratio for FHA/VA based on AUS approval (automated)

Your dream of a new home is not far off. Since 1969, Adair Homes has built more than 22,000 beautiful custom homes, each one portraying the unique personality of each family. Yours could be next.

Learn More

Want to learn more about financing and Adair's unique building process? Join us for our next Virtual Building 101 event, and get all of your questions answered in real-time by industry experts!

event-4 (1)

Visit our event page to register for this free seminar!

About Adair Homes

With 51-plus years in the industry, Adair’s long term commitment to treating each customer with honesty, integrity, and respect has paid off, 22,000 customers strong and counting. 

At Adair Homes, our mission states: it is our privilege to build our customers the home they have always dreamed of. We believe in providing the greatest value for our customer’s dollar and finding innovative ways to value engineer homes. We believe that we can offer an outstanding customer experience that is both enjoyable and rewarding—and offer this one-of-a-kind customer experience as the largest on-your-lot builder in the West. For more info, get in touch with us here or call 1-844-518-7072.


Schedule an Appointment