11/02/2026
Economists call it the lock-in effect.
In NOVA, it’s keeping homeowners in houses they’ve outgrown, because selling means giving up the rate they secured a few years ago.
But the lot you already own might be the answer.
Build on it, and land costs come off the table. Your equity can help fund the project. And a single-close construction-to-permanent loan keeps it simple: one loan, one closing, one rate locked before the build begins.
Same neighborhood. A home that fits. How it works: https://bit.ly/4zHv4Jd