Builder
Accept loan offer
First Community Bank · 926 Stratford · $352,000 at 7.65%
Confirm terms
I have reviewed the draw schedule and conditions.
I will bind builder's risk insurance by closing.
I provide personal guarantee as primary owner.
I authorize First Community Bank to file lien at the McMinn County clerk.
I decline the two competing offers (Smoky Mountain Bank, Volunteer Federal).
Next steps
After you sign, First Community Bank receives a notice and assigns Sarah Daniels as your loan officer. Close target is set for 21 days out. Your draw schedule populates into the project draws page. First disbursement (lot acquisition) releases on close day.