construction financing

12 Nov

How to finance your new home

Catharine BwanaBuilding & Contractor, Buy and Rent Property, Real Estatebridge loans, construction financing, construction loans, construction period, credit score, current home, financing options, short term, va loans

What you need to know and do to make the mortgage process easier. When you buy a new home, images of beautiful kitchens, sumptuous master bathrooms, and abundant closet space may cross your mind, but you shouldn't forget an important step called financing. When you're buying your dream home, the main questions to ask yourself at the start of your search include: Are my credit reports accurate, up-to-date, and correct? What information will I need to collect to apply for financing for my new home? What can I pay with a mortgage? What are my credit options? Where can I…

12 Oct

How to finance your lot and its construction?

Catharine BwanaBuilding & Contractor, Buy and Rent Property, Concrete, Cement and Masonry, Gates and Fences, Home Decor, Insulation, Ladders, Lawn and Garden, Lumber and Trim, Real Estate, Residential Commercial Services, Restaurant Hotel Home and office service, Roofs and Gutters, Room Inspiration, Tarps, Tile, Walls, Floors and Ceilingcombined construction, construction financing, construction loan, construction loans, cost overruns, dream home, entire project, lot loan, term loans

Most consumers have at least a working knowledge of what mortgage lending is. Those long-term loans are a staple concept in the world of household finance. These loans give homebuyers access to funds to pay for what may be their biggest lifetime investment, and what will be paid in installments over many years. However, homebuyers are usually not as familiar with the options for financing a lot and building a home. If you are interested in building your dream home, there are usually two paths to lot financing and construction. Lot Loan + Construction Loan The vast majority of buyers prefer to secure the site of…