A construction-to-permanent loan finances the construction of a house, then converts to a mortgage on completion. Construction-to-permanent loans only require one round of closing costs compared to ...

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, ...

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 ...

Not all mortgage lenders will finance a mobile home purchase. Those who do will often require the home to be attached to a permanent foundation. There are five types of financing available for mobile ...

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 ...

Michigan-based lender United Wholesale Mortgage (UWM) has introduced a construction-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once ...

Most people associate a mortgage with buying a house, but a construction loan finances the home build, from purchasing the lot and paying for labor and materials to covering any permit fees. CNBC ...

Mobile or manufactured homes are taking the U.S. by storm. According to statistics from the manufactured housing industry, roughly 22 million people in the United States live in a manufactured or ...

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 ...

A construction loan can help you finance the building of a new home on land you’ve already purchased. Depending on the situation, you may opt for a construction-only loan, a construction-to-permanent ...

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?