Download the ultimate eBook which explains what construction loans are, how they work and the easiest way to obtain one without hassles.
Everything you need to know about construction loans that will enable you to purchase a lot or smaller/older house and build your dream home without having a ton of cash in the bank is contained in this great eBook
If you are considering a building project for your new home, you have questions…plenty of them. Regardless of whether this is your first build or you’ve done it before, the process can feel complicated and burdensome if you don’t understand the steps and how to navigate them. We at ConstructionLoanCenter.com are here to help! We have created an eBook which explains what construction loans are, how they work and how to obtain one.
Construction loans are the lending tool that allows you to purchase and build your dream home without having a ton of cash in the bank. Construction loans work a little differently from traditional home loans and our eBook is designed to help you understand and navigate the process successfully.
Your Comprehensive Guide to the Construction Loan Process
This eBook is your guide to understanding the construction loan process. In this book you will find:
- What kind of loans are available: home construction loans and land/lot loans.
- How construction loans differ from traditional loans for purchase or refinance.
- Information about the approval process: documentation needed.
- Learn the timeline for all stages of building your dream home, from acquiring land to final inspections.
- How and when funds are disbursed.
- Loan payments during the construction period.
- Insurance requirements.
- Construction-to-Permanent Loan Products: what happens after you complete the project.
You can avoid costly delays and mistakes by learning more about the process BEFORE you start your project. At ConstructionLoanCenter.com, we partner with you from concept to move-in to help you realize your dream of building the perfect home. Take the first step by downloading “Your Comprehensive Guide to the Construction Loan Process” and learn more about how the building process works. We will be here to guide you every step of the way.
New Home Construction
Construction and take out financing of ground up residential, owner occupied properties, up to four units.
Major remodeling loans for currently owned or purchase and rehabilitation of residential properties, up to four units.
FHA's rehabilitation loan program for currently owned homes and purchase transactions of up to four units.
Modular, manufactured & fifth wheel homes. What are the differences? Is financing be available for them?
Bad Credit Loans
Construction loans are available for damaged credit, but things can work very differently in this case.
Builder Construction Loans
Also known as spec loans these are for speculators who plan on building several homes or a condo project.
Lot Loans for when you are not ready to build, but the opportunity presents itself. For up to Four Units.
Stated Income Loans
For hard to document income or very complex combination of corporate and/or trust and personal returns.
Typical closing costs for a construction loan are a little different from conventional mortgages.