Construction Loans

Building Your Dream Home? An Introduction to Construction Loans

February 26, 2024
8 min read
Building Your Dream Home? An Introduction to Construction Loans

Financing new construction is different from buying an existing home. This guide explains how construction loans work.

Building a home from the ground up is an exciting prospect, but financing the project works differently than a standard mortgage. A construction loan is a short-term loan used to cover the costs of building your home. Here’s a primer on how they work.

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# new construction
# construction loan
# building