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New Construction Financing in Rochester, MN

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We Make New Home Construction Financing Simple

Revelation Homes partners with Tradition Mortgage, a trusted local lender who specializes in new construction financing. Their experienced team works alongside ours to keep your financing process smooth, predictable, and free from surprises.

Have questions about financing or want to get started on your new construction? Fill out the form below, and we’ll get back to you soon.

Why Work With Tradition Mortgage?

Financing a newly built home isn’t quite the same as buying a resale; it requires a lender who understands construction timelines, building milestones, and how to keep your project moving.

Our preferred lender, Tradition Mortgage, is a seasoned, community-focused lender that understands the unique demands of building from the ground up.

Their new construction loan offerings include:

Construction‑to‑Permanent Loans

Which simplify your financing by combining construction and mortgage into one seamless closing.

Flexible Financing Options

Tailored for custom home builds, with monthly payments based on interest‑only payments.

Industry‑leading Efficiency

Using modern loan tech and processes designed to keep you informed and on track.

Personalized Guidance

Helping align your financing plan with your long‑term goals, whether you're a first‑time buyer, building a dream home, or something in between.
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Of course, you're welcome to work with any lender you prefer, but many of our homeowners appreciate the simplicity of working with a team that already understands our process.

Pre-Approval: Your First Step Toward Building

Before construction begins, we ask all buyers to get pre-approved for a mortgage. This step sets the foundation for a smooth process by confirming your budget, giving everyone clarity, and ensuring that you’re financially ready to move forward when the time comes.

Not sure how pre-approval works? Our team can connect you with our lending partner or walk you through the process.

Subsidized Housing Opportunities

As part of our commitment to making homeownership accessible, select homes in Prairie Ridge will be available through a 115% AMI (Area Median Income) program. This means that if your household income is at or below 115% of the median income for the Rochester area, you may qualify for a subsidized home with reduced pricing.

It’s a way to help more families put down roots in a high-quality neighborhood without stretching beyond their means. Availability is limited, so we encourage interested buyers to reach out early to learn more.

Why Work With Tradition Mortgage?

No. While we recommend working with our trusted partner for ease and speed, you’re always welcome to choose your own lender.

Slightly. Construction loans or extended rate lock programs may be part of the process, depending on your loan type. Our partner can walk you through the options and help you find what works best.

Tradition Mortgage offers a wide range of solutions, from conventional loans to more specialized products based on your needs. Contact our team to discuss your options.

Funds from a construction loan are typically distributed in draws, based on the progress of the build. You only pay interest on the amount disbursed, not the full loan total during construction.

Tradition Mortgage brings over 20 years of experience in new construction lending, including a dedicated construction team that understands the unique timelines, paperwork, and communication needed to keep a new build on track. 

Like any mortgage process, you’ll want to gather income documentation, credit information, and any other requested financial paperwork. Tradition Mortgage will give you a clear checklist of what’s needed.

Contact Us To Explore Your Home Financing Options

Whether you're comparing loan options, looking to get pre-approved, or just want to know what financing looks like for new construction in Prairie Ridge, our team is here to help.

Get in touch with Revelation Homes by calling 507-216-4528 or fill out our contact form, and we’ll follow up with you soon.

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