08/08/2026
A builder offering $5,000 toward closing costs might sound like a great deal—but before you accept it, there are important questions you need to ask.
In this Short, we break down what a builder’s closing-cost contribution really means and why you need to find out where those funds can be applied. Some builders may require you to use their preferred lender, but that doesn’t always mean it’s the best financial option for you.
We also discuss why it’s important to compare the builder’s lender with other lenders. Another lender may be able to match the builder’s incentive while offering a lower interest rate, potentially saving you more money over the life of your loan.
🏡 Buying a new construction home? Make sure you compare the full deal—including closing costs, lender incentives, and interest rates—to figure out which option saves you the most money.
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