Construction Loans Articles

Do you need a general contractor or a custom builder?
July 6, 2018
  |   Updated: July 6, 2018

If you’re looking to do a home renovation or remodeling project, you should know the differences between general contractors and custom builders, as well as when one is better to use than the other.

If you’re buying a house directly from a builder, you may be offered builder incentives, such as assistance paying for closing costs. But are these incentives really as good as they seem — or are they too good to be true?

Builder financing — is it a good idea? If you’re purchasing a newly constructed home, builder financing often includes perks. But is this a good deal for you?

Wondering what spec building is and how to get financing as an investor? Learn about the risk and benefits of investing in speculative construction.

Is a major home renovation project the best option, or should you look to demolish your aging home and rebuild with a construction loan?

Make your home more sustainable with energy-efficient mortgages
September 18, 2017
  |   Updated: September 18, 2017

Energy efficient mortgages can help finance your sustainable building construction and remodeling projects.

All in the family: The growing trend of multi-generational housing
September 18, 2017
  |   Updated: September 18, 2017

The number of multi-generational homes is growing. Familial harmony may depend on building physical privacy barriers. Financing so-called multi-gen homes is easier than ever.

Securing a land loan requires diligent planning
May 26, 2017
  |   Updated: September 18, 2017

Land loans are a necessary part of building a home from the ground up, but have different rates, terms and other features from conventional mortgages.

How to get a construction loan with bad credit
May 17, 2017
  |   Updated: August 20, 2018

Home construction loans carry strict credit requirements. Think your credit history is stopping you? Find and compare construction mortgage financing, even with bad or poor credit.

Renovation loans are handy but hard to find
April 12, 2017
  |   Updated: September 18, 2017

Getting additional money to renovate a newly purchased home can be difficult, but there are a few options out there.

How do I get a home-construction loan
April 6, 2017
  |   Updated: September 18, 2017

When you're ready to build your own home, you'll need to get a construction loan. Here's how.