![]() ![]() ![]() ![]() ![]() ![]() |
||
| Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|
|||||||||||||||||||||||
| Mortgage Professor about post and beam home 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... Which Reverse Mortgage Plan Do I Choose? April 8, 2003 ?I am 79. The counselor I saw in connection with my reverse mortgage told me that Fannie Mae?s Home Keeper product would provide me with more money than FHA?s Home Equity Conversion Mortgage, but that Home Keeper would cost me more. The decision was mine ... more... |
|||||||||||||||||||||||
post and beam home construction related definitions |
|||||||||||||||||||||||
|
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... 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... |
|||||||||||||||||||||||
|
More about post and beam home construction Working at Home - What Options Are Available? Home Insurance: Premium Protection In Case Mishap Takes A Rain Check How to Buy a Home When Your in Your Twenties Home Improvement Loans Transforming Brick and Mortar Buying a Vacation & Retirement Home Buying Country Acreage and Rural Properties, To Buy or Not To Buy 5 Magic Points: Should I BUY or RENT my HOME? How Much Does A Log Home Cost? Home Day Care Facility Important Facts For Home Buyers
|
|
||||||||||||||||||||||
|
|||||||||||||||||||||||