What Are The Requirements For A Construction Loan – Unlike a conventional loan, however, it’s more complicated to get the green light on your construction loan application because you’re essentially requesting to borrow money for a new build that doesn’t exist yet. This post outlines some of the requirements you need in order to qualify for a construction loan.
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A Construction Permanent Loan makes new home financing simple. There’s just one loan application and one closing. Primary or vacation home, you can use the construction loan to build either.
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