Understanding Construction Loans: Key Features and Financing Options Podcast By cover art

Understanding Construction Loans: Key Features and Financing Options

Understanding Construction Loans: Key Features and Financing Options

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 Construction loans help finance new home builds or major renovations, covering construction-related costs. These short-term loans differ from traditional mortgages, with funds disbursed in stages as the project progresses. There are two main types: construction to permanent loans, which convert into a regular mortgage after construction, and stand-alone construction loans, requiring a separate mortgage later.

https://southstarbank.com/consumer-banking/consumer-lending/lot-loan-construction-financing/
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