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David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less. He is ...
Reliant Home Funding Inc. is the top choice among other owner-builder construction loans. Building your own home can be exciting. You’ll get to customize your design, pick your features and create ...
Building a home is an exciting opportunity to personalize your new space. But just like buying a house, construction can be an expensive prospect. Luckily, construction loans provide the funds ...
Although construction loan documents provide protections in favor of the lender as against the project owner, in this article, Kenneth Block and Stuart Rosen demonstrate the need for the lender to ...
If you’re a veteran or current service member looking to buy a house, you’ve probably heard about home loans through the Department of Veterans Affairs. However, you may be unfamiliar with the VA ...
An FHA construction loan is a type of FHA loan that covers the cost of building a home, including the land or lot purchase, building materials and labor. There are two types of FHA construction loans: ...
Service members or veterans considering building a dream home have an additional funding opportunity. A Veterans Affairs (VA) construction loan has some of the same benefits as VA mortgages but allows ...
Construction lending has dried up across much of the industry, but that leaves more room for some lenders to make bold moves. That’s the case for Kennedy Wilson, a Los Angeles-based investor. With ...
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How Do Construction Loans Work?
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 ...
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