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Mortgage Professor about construction loan: | |||||||||||||||||||||||
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... Do I Really Need All These Title Policies? June 21, 2004 "My husband and I bought a piece of property in November 2001 and had to have title insurance. We began building in December, 2003 and we had to purchase a new policy in connection with our construction loan. Now, we are near completion and getting ready to ... more... |
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construction loan related definitions |
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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... |
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More about construction loan Some Truth About Credit How to Start A Business Plan Navigating Commercial Construction Financing Mobile Home Mortgage Loans The History of Business Loans Florida Mortgage Loan Rates New Orleans Mayor C. Ray Nagin We Told You So! Home Equity Loan Information - How to Use One Wisely Making Your Business Happen with a Commercial Lender A Guide To Finding the Best Nashvlille Mortgage Companies
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