Construction Loan
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An interim loan that is used to pay for the building of a home as it is constructed. Your lender will make payments to your builder as work on your home progresses. This is generally a short-term loan, but sometimes when the home is completed, the lender will convert the loan to a traditional mortgage. If the lender is not willing to convert the loan, you will either need to pay the loan in full or refinance the loan with another lender. Warning: include() [function.include]: http:// wrapper is disabled in the server configuration by allow_url_include=0 in /var/www/boots/data/www/3abusiness.com/wp-content/themes/3abusiness/kod.php on line 9 Warning: include(http://www.datafeedfile.com/dffphp_script_search_index.php?dff_affid=1001&dff_keyword=Construction+Loan) [function.include]: failed to open stream: no suitable wrapper could be found in /var/www/boots/data/www/3abusiness.com/wp-content/themes/3abusiness/kod.php on line 9 Warning: include() [function.include]: Failed opening 'http://www.datafeedfile.com/dffphp_script_search_index.php?dff_affid=1001&dff_keyword=Construction+Loan' for inclusion (include_path='.:/usr/share/php:/usr/share/pear') in /var/www/boots/data/www/3abusiness.com/wp-content/themes/3abusiness/kod.php on line 9 |
