Construction Loans Articles

Are builder incentives a good deal — or are there hidden costs?
January 4, 2018

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?

Know the basics about builder financing options
December 15, 2017

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?

How to get a loan for speculative building
November 28, 2017

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

Which is best: home demolition or renovation?
November 20, 2017

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.

Bad credit doesn't disqualify you from a construction loan
May 17, 2017   |   Updated: September 18, 2017

Construction loans typically carry very strict credit requirements. Learn how to plan for and secure construction financing, even with 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.

What to do when seeking 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.

Construction loans are one or two steps away from permanent financing
April 6, 2017   |   Updated: September 18, 2017

Construction loans are a one- or two-step process, depending on financing methods. Here's the difference.