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How Does A Construction Loan Work

HOW DOES A CONSTRUCTION LOAN WORK? GET FIRST ADVANCE FOR LOT AND CLOSING COSTS GET ADVANCE FOR FOOTERS, FOUNDATION AND SURVEY WORK GET ADVANCE FOR FRAMING PACKAGE, ROOF, HVAC, PLUMBING & ELECTRICAL GET ADVANCE FOR SHEETROCK, FLOORING, EXTERIOR MATERIALS GET ADVANCE FOR CABINETS, COUNTERTOPS, INTERIOR PAINTING AND LANDSCAPING SOURCE: www.REALESTATEFINANCEHQ.COM

How Does A Construction Loan Work

shared by exporterjim on Dec 14
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How exactly does a construction loan work? There are a number of moving parts and stages, with lot releases, draw requests and the two closings. Realestatefinancehq.com shows exactly how a construc...

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