Roughly $12 billion of Wachovia’s construction loans are tied to single-family-home, condo and other residential projects, some of which paid for land that has decreased in value since its purchase ...

Construction loans are short-term, varied-interest-rate mortgages granted to finance the construction of a new home or the renovation of an existing property. Construction loans do not apply to new ...

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A construction loan provides short-term financing for building a new home or renovating an existing home you’re purchasing. Loan terms are usually 12 to 18 months, during which time you make ...

Navigating the world of new construction can seem overwhelming. Mountain America Credit Union (MACU) can help you decide which type of construction loan will best fit your situation. Brittani from ...

VA construction loans are designed to benefit active-duty U.S. military service members and veterans. Eligible borrowers may be able to build a new home without a down payment, but there are strict ...

McCoy leads the construction-focused McCoy Mortgage Team, which has previously affiliated with companies like MVB Mortgage, Intercoastal Mortgage and Cardinal Financial. The lending executive’s ...