New Construction Incentives
The Builder Has Someone Looking Out For Them. You Should Too.
New Construction Incentives: Frequently Asked Questions
What are new construction builder incentives?
Builder incentives are offers a builder makes to help you buy one of their homes. The most common are cash credits toward closing costs, lower interest rates through a rate buydown, free appliances, and upgrade credits. They change often, and many only apply to certain homes or communities, so every offer on this page shows the date it was last verified.
Is a cash credit or a rate buydown worth more?
It depends on your price, your down payment, and how long you plan to keep the home. A lower rate pays off the longer you stay, while cash helps most up front. The free calculator on this page compares the offers you pick using your numbers and shows the estimated monthly payment for each.
Do I have to use the builder's preferred lender to get the incentive?
Many of the best builder incentives are tied to the builder's preferred lender. You can usually choose any lender you like, but you may give up the incentive. Before you decide, compare the preferred lender's full offer with an outside quote. Offers on this page note when a preferred lender is required.
Can I negotiate on a new construction home?
Yes, and the advertised incentive is often just the starting point. Lot premiums, upgrades, and credits can all be worth asking about. For example, one of my buyers got a $15,000 lot premium reduction on a new construction home with a covered patio.
Do I need my own agent when buying new construction?
New construction still needs representation. The builder has someone looking out for them. You should too. A buyer's agent can help you compare incentives, read the contract, protect your deposit, and plan inspections before you sign.
How often is this list updated?
The list is reviewed monthly, and each incentive shows the date it was verified. Builders change offers without notice, so always confirm the exact terms with the builder and your loan officer before making a decision.
Let's Make A Plan Before You Tour
Thinking about a new home in the Treasure Valley? Let's talk through your
options and what to look at before your first builder visit.
