|4Contact Us |4About Us | 4Disclosures | 4Privacy | 4Media Kit | 4Site Map | 4Blog 

       

  

Construction Loans Home Page

Construction Loans

Remodeling Loans

Lot Loans

Equity Based Construction Loans

Spec Construction Loans

Questions? Contact Us.

Application Page

Contact Us

Rates and Fees

Construction Loans Documentation

Mortgage Calculator

Frequently Asked Questions

How Much Are You Qualified For?

House Plans and Architects

Contractors

Suppliers


Home Equity Line of Credit


Newspaper Articles about Construction Loans


 

 

 CLC Advisor's Column
 

 

 Structural Insulated Panels

 

   What are SIPS?  In simplest terms, they are a piece of foam (varying thicknesses) sandwiched between two pieces of plywood (OSB).  They are manufactured in a facility to specific dimensions requested by the contractor or homeowner.  This means you can specify the thickness of the foam to increase energy efficiency, the height of the panels, and even the width.  Window and door openings are built into the panels to provide easy installation of windows and doors.  The entire manufacturing process is streamlined to build the product you want prior to shipment.

    Once manufacturing is complete, they are loaded on a truck and shipped directly to the site.  A semi truck will arrive with the panels staged for unloading.  It is important to clarify with the panel company whether or not they will unload the panels.  If not, it is a good idea to rent equipment to properly offload them.  The next step is to begin installing the panels.  Check with your contractor and ask if they have installed panels before or are familiar with them.  If not, the panel company will usually provide assistance to the builder.  Another option is to ask the panel company if they offer installation of their products.  Many SIP companies offer installation in specific areas, and allowing them to install the panels can save time and money. 

    If you decide to use SIPS on your home, let every contractor know they will be working with panels.  For example, the plumber will need to know he is cutting through foam as opposed to 2x4’s.  In regards to electrical work, some panel companies build electrical conduit into the panels to ease the running of wire.  Siding contractors need to take into account the walls will not have wall studs.  They will fasten the siding directly to the plywood or OSB sheathing – which can affect their bids and the products you can use.  If you decide to use SIPS on the roof, the roofing contractor will need to know as well.  SIPS are a relatively new product compared to traditional stick-framing.  Not all contractors have worked with them, so notifying them immediately will help you receive accurate bids from contractors.

   SIPS are designed to make home’s more energy efficient and save labor costs.  Compared to a lumber package, they usually cost more money.  However, their savings are realized by cutting down on installation costs and long-term energy savings.  If you plan on staying in your home for a long time, SIPS may be the right product for you.  When searching for SIP companies, make sure to ask questions.  Some sample questions are below:

  • How long will it take to manufacture the panels?
  • Do they offer engineering services (required in some states to get a permit)?
  • How much are the shipping charges?
  • Do they require payment in full upon delivery?

   The last question is arguably the most important.  A vast majority of SIP companies require that you hand them a check before unloading the panels.  This is important because not everyone has $20,000 in their checking account.  If you are building a home with a construction loan, work with the bank and SIP company on a payment plan.  The SIP company wants your business, and may allow payment in full once the bank verifies the panels are onsite. 

If you are searching for a product to save on energy costs, SIPS may be right for you.  A quick search online will provide a host of companies around the country.  Investigate each one and make sure they are right for you. 


  Questions?  Call us Toll Free or Send an Email, with any questions or concerns that you may have. Visit Our State Specific Contact Page, and Get Started.

 

More Information    ABOUT

 Choosing the right contractor and sub

   contractors is probably the most important task in your construction loan application process.
Contractors and Sub Contractors.


  Home Equity Line of Credit
 

     You can borrow against the equity in your present property and use the proceeds to use for the down payment of your new home’s construction loan.
     We offer
home equity lines of credit for up to 100% of the value of your property, including both documented and stated income programs.
 

  More Articles by Construction Loan Center's Adviser

  Modular Homes

  Save time and money by using this innovative method of construction.

  Our construction loans will facilitate the special draw requirements of modular homes.
   

[ Home | Site Map | Construction | Remodeling |Lot Loans | Equity Based | Spec Loans | Application | Contact Us | Documentation ]
[ Mortgage Calculator |
Rates & Fees | Let 'em Know | Let Us Know | F.A.Q. | | Resources | Prime Construction Loan | About Us ]
[
Privacy Policy | Disclosures ] [ Contact Us | Home Plans | Media Kit | Home Equity Line | Lead Partners ]

© 1999-2006, Construction Loans Center a Xemor, Inc. Company. All Rights Reserved.