Nationwide Construction Loans
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Which loan is right for me?
Years
in the house		 Recommended Program
1 - 3 3/1 ARM, 1year ARM or
6 month ARM
3 - 5 5/1 ARM
5 - 7 7/1 ARM
7 - 10 10/1 ARM, 30 year fixed or
15 year fixed

Videos

Video 1

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10 Construction Loans Misconceptions

A land purchase can easily be added into the construction loan.
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Construction loan rates are the same as all mortgages.
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You have to make a payment during construction.
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Construction loans are just as fast and easy to complete as any loan.
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Most banks allow owner builder.
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The largest lenders have the best rates and programs.
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No money down construction loans are easily available.
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All banks value construction loan projects the same way by appraised loan to value.
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Most loan officers are capable of providing a construction loan.
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Going directly to a bank is less expensive than working with a broker.
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