lot loan

How to finance your lot and its construction?

How to finance your lot and its construction?

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…
Read More