Just how can brand brand new construction loans work?

Just how can brand brand new construction loans work?

Have actually you sought out the home that is right can’t appear to think it is? Are you currently contemplating building your following house? In that case, you’ll have actually to get a brand new construction loan put against a mainstream mortgage. Even though the procedures are comparable, funding a build that is new with specific needs.

Mary Henning is a Plains Commerce Bank home loan banker—has been focusing on house financing for over 22 years. (more…)