How a Construction-to-Permanent Loan Impacts Contractors & Lenders

How a Construction-to-Permanent Loan Impacts Contractors & Lenders

When a property owner wants to finance the construction of a new building, they typically have to obtain two loans: one loan for the mortgage on the completed home, and another for the land purchase and construction expenditures. A construction-to-permanent loan can help owners save time and money — one loan and closing transaction streamlines […]

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