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Mortgage Professor about builders construction loans: | |||||||||||||||||||||||
Pitfalls in the Financing of Home Construction
March 22, 1999 " My wife and I are considering having a house built for us and I would like to know the basics of combination construction/permanent mortgages. What do we look out for?" Construction can ... more... Upfront Mortgage Brokers Listed by State IMPORTANT NOTICE: BEFORE CONTACTING BROKERS LISTED BELOW, READ "HOW TO DEAL WITH A UMB" Upfront Mortgage Brokers as of December 10, 2005 Arizona Resident Brokers Keith Carothers, AZ Mortgage Dr. Fee: Negotiated on a case-by-case basis www.azmortgagedr ... more... |
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builders construction loans related definitions |
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Bridge Loan
Bridge Loan A bridge loan is a short-term loan, usually a second mortgage, run for 6 month but may be taken taken out for a period of 2 weeks to 3 years. The borrower's current home (which is usually "for sale") is ... more... Interim Financing Interim Financing A construction loan made during completion of a building or a project. A permanent loan usually replaces this loan after completion. Interim loans are used to bridge the gap between the construction loan and the permanent loan (hence bridge loans) ... more... |
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More about builders construction loans Instant Loans - When Facing Unexpected Financial Rip-off Bridging Loans - Fulfilling Financial Shortfall between Real Estate Transactions Secured Loans vs. Unsecured Loans Choosing Between the Two Diverse Ends Why Starve Your Needs When Payday Loans are there to Gratify Them Title Loans - Get More of the Title to Your Vehicle What are business loans? Fast Loans for Unemployed Bringing Financial Relief Real Fast Secured Loans Making the Most of Your Home as Collateral Short Term Loans Expanding Financial Scope During Crisis Personal Loans for Bad Credit Can Discipline Repercussions of Negative Credit
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