Understanding Construction to Permanent Loans: A Complete Guide
Southstar Bank10 Dec, 2024Finance
Construction to permanent loans are specialized mortgages that help a borrower finance the construction of a new home and its permanent mortgage. This all-in-one loan eliminates the need for two separate loans—one for construction and one for the mortgage—making the process much simpler and streamlined. If you are constructing a new house, understanding how construction to loans work, their benefits, and the steps involved can help you make informed decisions.
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