| Construction to permanent financing |
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Construction to permanent financing loan programs combine the construction and permanenet financing of your project. You qualify for the loan once, lock in at the permanent rate, sign one set of loan documents and have up to 12 months to complete the construction. On most loans, during the construction period, interest is charged only on the funds that have been disbursed. When the project is completed, the permanent loan period begins. Depending on whether you can fully document your income or not, you may be able to finance up to $3,000,000 and up to 90% of the future value. |
