Payment Timeline

When We Say 'Turn-Key' We Mean It! 

From start to finish, we are here to make the home buying process as simple and stress free as possible, which includes our payment process. The payment timeline is set as six easy-to-follow payments throughout your project. Whether you are funding your project through a loan or cash, every project follows the same payment structure. Each of the 3 phases has a deposit and closeout payment.

Payment 1 - Permitting Deposit

Payment 1 in our purchase process is the Permitting Deposit. This payment happens at the agreement signing and is approximately $2,500 – $5,000 and does two things:

    • First, it covers the service fee to hire one of our in-house Permit Specialists, to manage your permit process for you. 
    • Second, it reserves a spot for you in our production queue, giving you an estimated production start date.

Payment 2 - Permitting Closeout

Payment 2 in the process is the Permit Closeout, which covers the cost of the actual permits themselves. Permitting costs vary based on project and jurisdiction requirements and are estimated in your agreement. The timing of this payment is dependent on how long your jurisdiction takes for the permit process. Payment 1 does not apply towards this payment.

Payment 3 - Production Deposit

After permits have been issued, we move into Phase 2 – Home Construction. Before production we schedule a pre-production meeting about one month before your estimated production date. This meeting takes about 2 to 3 hours and finalizes all the details of your home, including the fun stuff like paint colors and countertops! Payment 3 is a 25% Production Deposit and is calculated based on house choices from your agreement.

Payment 4 - Production Closeout

Your home takes about 3 weeks to complete on our production line. When your home is finished, Payment 4 is due for the remaining Production Closeout costs, and Phase 2 is now complete!

Payment 5 - Delivery & Setup Deposit

This moves you on to Phase 3 – Site work and Delivery! Payment 5 is due at this time and is a 50% deposit of estimated site work from your agreement. Depending on the timing of our Field Crew, site work could occur before or after your home is completed in our factory.

Payment 6 - Delivery & Setup Closeout

Once your house has been delivered, set, connected, and tested. The remaining field service payment is due. At this point we hand you the keys!

Congratulations! You now own a new Wolf Industries home!