Everything You Need to Know About Construction Loans
Do you want to build your own home? Are you wondering how construction loans work? When it comes to real estate and mortgages, there isn t a one-size-fits-all choice. It all comes down to circumstances, and in this case, if you re constructing your own home, you re going to need a particular type of loan: a construction mortgage loan.
Here, we ll discuss what construction loans are and how they work, along with some of the types of loans that may be available to you, depending on what you need the funds for:
What Is a Construction Loan?