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 What is a construction-to-permanent loan?

Answer A construction-to-permanent loan is a type of mortgage that allows a borrower to build his new home while financing the construction and permanent mortgage with one closing. This saves the borrower... Read More »
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Top Q&A For: What is a construction-to-permanent loan

Construction Loan Rate Vs. Permanent Loan Rate?

Construction loan rates for residential mortgages are computed differently than the rates for permanent loans. Construction loan rates are not fixed but "float" up or down during the construction p... Read More »
http://www.ehow.com/about_6564153_construction-vs_-permanent-loan-rate.html

What is a construction loan?

A construction loan is a short term note used by a borrower to construct a home or property for his eventual use. It is refinanced to a long term debt at the end of construction.SignificanceMost bo... Read More »
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What do I need to apply for a construction loan?

A construction loan is a type of mortgage that allows a borrower to fund the construction of a home, as opposed to purchasing a home that is complete. A borrower is required to provide additional i... Read More »
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What is a construction loan title insurance policy?

Construction loan title insurance protects a lender's interest in property, such as a house or commercial building, under construction. Due to the riskiness involved with new construction, this cov... Read More »
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