A home construction loan is a short-term, higher-interest loan that provides the funds required to build a residential property. Construction loans typically are one year in duration. During this time, the property must be built, and a certificate of occupancy should be issued. There are several types of construction loans, some include One-Time Close, Construction to Permanent, Construction-Only, Renovation Construction and Bridge Loans are commonly used when building a home or larger scale projects. Please click here to Apply Now to start the process of building your dream home or investment project.
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