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Construction Loans are used to finance the construction of a building or other improvements to real property, with the land and improvements as collateral for the loan.
Construction reserve accounts are generally maintained to disburse the money as the construction progresses. Up to 100% cost of construction available depending on the improved value.
Type of collateral property ranges from home construction (4 or more units)to large commercial projects.
Complete our EZ Contact Form for more info on Construction Loans.
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