Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator
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...

construction loan 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 loan

Get Free construction loan 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...

Unravelling The Real Estate Buying Process in Canada
If youre a foreign national thinking about investing in the real estate market in Canada heres a run down of the typical buying process you should expect to encounter together with a general explanation of mortgages available to assist with the purchase.First things first though, you have to find ... more...

Mrs. Disney
Warren Beatty once observed," That if you get married in Hollywood, you should always do it before noon. That way if it doesn't work out, you don't kill your evening." But in 1925 Walt Disney, still getting his feet wet in Tinseltown was not interested in pampered starlets. His eye was on a ... more...

How Bankruptcy Affects Student Loans
The vast majority of government student loans cannot be gotten rid of easily, even filing for bankruptcy will not resolve these debts. The only way that these types of loans can be taken care of in bankruptcy is if you can prove that they are a substantial hardship on you and your finances and this ... more...

11 Steps Away From Buying a Home
There is no doubt that the market for houses has been on fire recently. More and more people are taking advantage of low interest rates and easy mortgage loan terms to go from being renters to being home owners. With so many people entering the market, it is inevitable that questions will arise ... more...

Mortgage Terms Explained
When you are hunting for a mortgage, you will find that there are many different types of mortgages available. I will list some of the more common ones and their uses.15 vs 30 YearsYour mortgage term can be just about anything you choose. 15 and 30 year terms are popular these days, although 10 ... more...

Mature Market or Changing Shifts in Competition Co-Branding in Mobile Automotive Sector
So you want to start a quick lube? We great and in doing so you have been asked by the SBA assisted loan to make a business plan, tally hoe and away you go! Right? Well wait a one second, every good business plan discusses market share, competition, market areas, etc.So have you figured out who ... more...

Water Resources - Infrastructure Does Not Grow On Trees, It Helps You Grow The Trees
Arizona and water issues for the future are an interesting issue as the Governor and her Drought task force move into a long-term workable plan. Such a compromise is necessary is AZ is to continue growth without devastating its food processing, farming and distribution and transportation industry ... more...

The Professional Investors Plan
The art of using high-leveraged activities.Here I would like to make just a few suggestions that will hopefully save you from wasting years of hard effort only to learn in the end that had you invested using a better strategy, you would have realized more profit, happiness, satisfaction, control ... more...

Electrical Safety in the home
Electricity is a wonderful part of our lives, clearly enabling us to do so many of the things we take for granted. Food preparation, entertainment, communication, and so much more are all dependent upon the delivery of electricity. And yet, coming into direct contact with electrical current can ... more...

How and Where To Get Big Real Estate Loans Today
SOME OF THE BIGGEST REAL ESTATE LOANS you can get today come from the FHA--Federal Housing Administration. These loans are often in the range of $500,000 to multi-millions. Why are they available to you? For several reasons:1. The Government wants to encourage certain types of building construction ... more...

Return to previous page   More articles on construction loan
Shop For Your Mortgage Now!
Shop For Your Mortgage Now!

You'll be re-directed to Top-Lenders.com

Want to Know Your Rate?
Get Customized Mortgage Quote Instantly

Mortgage Indexes Info
30 Yr Fixed Rate
15 Yr Fixed Rate
5/1, 3/1 ARM
CODI
COSI
12 MTA
COFI 11th District, Federal
12 Month LIBOR (USD)
1 Year CMT
Market Indexes Info
WSJ Prime Rate
FNMA
Federal Funds
30 Year Treasury

 

ExplainingMortgages © 2005 - 2009