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Mortgage Professor about construction: 
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...

Should the Builder Finance Construction?
  April 19, 1999, Revised October 10, 2002 "We are going to have a house built for us, and are wondering whether or not we should finance the construction or allow the builder to do it? Some builders won't do it but others will if the customer wants it? Is there ... more...

construction related definitions

Construction Loan
Construction Loan A short term interim loan to pay for the construction of buildings or homes. These are usually designed to provide periodic disbursements to the builder as he progresses. ... 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...

More about construction

Get Free construction Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Florida Mortgage Loan Rates
Owning a home is a big investment and usually a one-time investment for most people. This is because of the high capital involved. Mortgage loans are a great option that many people use while purchasing a home. A mortgage loan is a loan taken for purchasing a property, wherein that property is kept ... more...

Real Estate Investing - The Marvel Of Home Depot And Lowe's
Repairing a rental home (or your own home) use to require running down to the local hardware store or to the nearby building supply house. After several stops around town, you found everything you needed to solve your maintenance problem.If you are a fixer upper or tenant landlord today, you now ... more...

Siberian Mortgage
There is so much that we take for granted in the good old USA. Take mortgages for example. Im on my third home here in the Deep South. My wife and I have had three mortgages for our homes. If your credit is decent and you have something to put down, then youre likely to be able to afford a home ... more...

Moldy Homes are a Great Investment
Have you seen this in your classifieds? -"Will pay $$$ for moldy homes. Call 555-555-5555"All you have to do is watch the news and you know about mold problems. We hear about Ed McMahan suing because his moldy home killed his pet dog. We also hear about Erin Brockovich and Sandra Bullock's ... more...

Home Equity Loan Information - How to Use One Wisely
Using a home equity loan to get out of debt or make improvements to your home is usually a smart move. You have earned the equity, so it only makes sense that you put it to good use. Usually this type of loan offers a lower interest rate than credit cards or traditional loans, so it is a wise ... more...

Log Homes - What's Different About Log Homes?
Newcomers to the world of log homes will notice that log homes look different than conventional "stick-built" homes. But are log homes really different, other than in appearance? If so, how?Let's take a look at some of the ways in which log homes differ from conventional homes. Log Walls - This is ... more...

A Guide To Finding the Best Nashvlille Mortgage Companies
If you are thinking about moving to Nashville, or if you already live there but want to purchase a different home, finding the right Nashville mortgage company can be a daunting task.Nashville is centrally located in the state of Tennessee. It is nicknamed Music City and is the home of The Grand ... more...

A Guide To Finding the Best Nashville Mortgage Companies
If you are thinking about moving to Nashville, or if you already live there but want to purchase a different home, finding the right Nashville mortgage company can be a daunting task.Nashville is centrally located in the state of Tennessee. It is nicknamed "Music City" and is the home of The Grand ... more...

Making Your Business Happen with a Commercial Lender
If your home business is starting to overflow from the office into other parts of the house, it may be time to consider finding a building large enough to handle your startups rapid growth. However, most businesses are unable to generate enough revenue at this phase of growth to allow for the ... more...

Condo Hotels Offer Luxury and Great Investment Potential
Not Your Typical Vacation HomeWhat could be more perfect that owning a luxury vacation home at a landmark resort and receiving rent revenue whenever youre not using it? Condo hotels are the newest trend in vacation home ownership. Live in it when youre there; rent it when youre not.So how do ... more...

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