At this point, you must decide if you want to be an 'Owner/Builder', that is, to act as your own General Contractor, or hire a General Contractor to run the job for you.
The most economical way to build a new home is to do all the work yourself. However, most people do not have the time or all the required skills. If you decide to act as an Owner/Builder, simply managing the job by hiring all the necessary subcontractors you can still realize savings of approximately 20% or more. If you hire a General Contractor, you will also be paying the General Contractor to manage the job for you.
When your home plans are completed, you will be ready to generate your construction budget and obtain labor and material quotes for those items that you do not plan to do yourself. The format for your construction budget (called the Job Cost Breakdown) will be given to you by the lender. The lender will also give you the necessary paperwork to complete for the Appraisal request. All this information can be intimidating to you. Again, your local PMHI dealer can help you with contractors referrals and material suppliers who can give you the labor and material costs for their part of the Job Cost Breakdown. For the portion of your project that will be supplied by PMHI (the shell or framing package), you will receive a written quote and specification based on your home plans and engineering. Your PMHI representative will also help you in properly completing the Job Cost Breakdown so you will be ready to submit it to the lender for approval.