|
Residential Construction
If you are looking for a residential
construction loan, The Erskine Group can help you!
A construction loan has many variables and
is unlike standard mortgage loans. This type of loan usually requires a presentation
of the construction plan to the prospective lender, as the lender wants to know
the details of your
building plan before it loans you money.
Typically, construction loans require
interest-only payments during the construction process (usually 6 months
to one year). Once the building construction is completed, the
construction loan is paid off with a |
