Construction Loan Terminology: What It Means and Why It's Important
If you’re thinking of applying for a construction loan, there is a lot to consider, and while doing your research, you may run into some unfamiliar terms. Below is an explanation of some construction loan terminology you’re likely to come across in the wo...
Breaking Into Residential Real Estate Investment
If you’re thinking about getting into real estate investment but don’t know where to begin, or aren’t sure how risky it could be, there are some basic tenets to follow that many seasoned investors recommend. We’ll cover some of those below. Also, familiar...
Getting an Equipment Loan
If you’re a builder or investor, you may already be familiar with construction loans, but another type of loan you may need is a heavy equipment loan. Depending on the type of construction project you’re embarking on, an outright purchase of construction ...
Construction Loan Application Preparation
As a builder, developer or investor, at some point you have to apply for your first commercial construction loan. Even if you’ve been in the business as part of another team, you may not know everything that goes into getting a loan like this. Gathering t...
Non-Traditional Construction Loan Types
There are several types of typical construction loans, but there are also a few lesser known loan-types that may be of interest to builders, brokers and investors: Model loans, land loans and fix-flip loans. The details of these loan types vary. Knowing t...
Construction Loans - Know the Basics
As any builder or investor knows, construction loans differ from traditional mortgages in a few ways, but knowing all of the different aspects and terms particular to construction loans is important in gaining a better understanding of this crucial facet ...
Do I Qualify for a Construction Loan?
Whether you are a novice builder or investor just starting out, or someone with years of construction experience under your belt, a construction loan is a vital aspect to the success of your project. While building a home from scratch comes with many poss...
