If you need to borrow money to buy a home that's already on the market, you can usually depend on a mortgage to help. But what happens if you need a loan for a house that only exists in your mind?
Your funds will be disbursed in chunks—called draws—as your home’s build progresses Written By Written by Contributor, Buy Side Aly J. Yale is a contributor at Buy Side and an expert on real estate, ...
As they struggle to persuade Americans to buy new homes, homebuilders have leaned hard on a new tactic: Builders’ mortgage ...
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You have decided to create the space you always wanted and want to build your dream home – or complete a major renovation. The next step is maneuvering the construction loan process. While a mortgage ...
The credit crunch has come to West Michigan in the form of fewer available home construction loans as some West Michigan banks are no longer in that business. Hurt are home contractors and those ...
Construction loans are short-term loans that you can use to build a new home. Some construction loans can be converted to mortgages after your home is finished. Construction loans typically have ...