Builder will probably not let that happen as you would need the CO and that will not be issued until the house is basically finished. The builder will not agree to close and then finish and he will not agree at this point to not finish things and let you finish them later. Plus the bank will not close without the home being substantially complete and definitely not without the CO.

I'm assuming that you don't own any of the land or anything yet.

In our case we own the land. Our build is extending past the length of the construction loan. So, our lender closed the construction loan, converted to the regular mortgage, and put the remaining monies into a savings account that we can draw from for the remaining payments to the builder.

We closed on our house before it was finished. It was finished enough to get CO. It was a custom build, we owned the land and we trusted our builder to complete everything after we closed. The things not finished were the kitchen which was missing some cabinet and drawer fronts, molding along top of cabinets and cabinet hardware. The porches also needed to be screened in. With a tract builder I am thinking they will not allow it.

National builder--you'll have to ask them what they will do. We closed before a few things were done, but it was a custom house. Unfinished items were things we could have finished ourselves if needed-some painting and staining. The big thing was no cook top or counter on the island. We were waiting for the cooktop to be delivered and hooked up.

Only with flooring uninstalled. Bank withheld flooring cost and paid cost directly to third-party flooring company (not the builder)