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To read more about mortgage loans and the various programs available to borrowers, I encourage you to visit the mortgage page.
Go to the mortgage saving center for no-cost, pre-screened quotes from mortgage lenders.
Second, Cto P loans are often encouraged by lenders due to the fact that this type of loan allows the same lender to keep control and retain the profits of both the construction loan and the post-construction mortgage.
That’s why so many people consider consolidating their debt, making it easy to simply pay one lender than having to pay multiple creditors every month.
Homeowners can work with the equity they have in their properties.
There are two basic types of construction loans: construction-only loans and construction-to-permanent loans.
The primary difference between these two types of loans is what will happen after your home is built.