We had to get our own construction loan, which we did thru our credit union. Is the builder doing only one house for you, or is it a tract of home?

It is just for us, it's not a tract home. We did our paper work for our loan when the house is completed. This is his loan to build it. He made it sound like this would not be a long process, but here we sit.

We had to get our own construction loan through the bank. The builder gives us the bills and we give the bills to the banker who then pays our builder. I haven't heard of having the builder finance the build.

We waited a few weeks while the builder got the building permit (he did start clearing the land a bit before hand)...I think there is only 1 day per month in our town they can get them?
We also are doing a builder financed new home...he usually doesn't do this but we couldn't get a construction loan with only 5% down. He add about $4000 extra into the purchase price to pay for the interest on his loan. (not sure if he really even had to take out the loan..he might have had the money to do it on his own)