The Construction Loan 101 blog site provides updated information on Construction Loans and Construction Permanent Loans that are used to finance Custom Homes. Bob Mowrey, shares his experience with Construction Lending to those seeking information on Construction Loans and Construction Permanent Loans with those looking to build custom homes.
Applying for a Construction Permanent Loan isn't too much different than applying for a normal mortgage loan. This being said, post economic crisis, getting a mortgage loan has required a little more documentation than it used to.
Did you know one of the big advantages to building a new custom home, on top of getting the perfect home to suit your family's lifestyle needs, is the potential cost savings?
Building a new custom home should be your American Dream come true. Choosing the right Builder or Contractor is extremely important in order to avoid a Nightmare on "Your Street"!
