Ways to get a construction loan without any cash down

Ways to get a construction loan without any cash down

So how exactly does a construction loan work? Usually, construction loans are done two various ways. The initial choice is a construction-permanent home loan as well as the second item is a mortgage that is construction-only.

A construction-permanent home loan is both your construction loan and long haul home loan combined into one loan, therefore you just have actually one closing for both your construction loan as well as your long term home loan.

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