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Rock Solid Construction
Residential construction loans may be your
best friend during the building process. Here are a few reasons
why:
1. The construction loan usually
operates as an interest only loan until construction is completed.
2. An expert is provided to monitor construction and approve
progress claims.
3. Accountability of funds- protects both you and the builder/
contractor.
4. Make NO PAYMENTS during construction process.
5. Use the builder/ contractor of your choice.
6. Recoup out of pocket costs (blueprints, engineering,
etc.) when loan funds.
7. Loan based on future value.
See what creative construction solutions
can do for you:
1. Full documentation, or stated
income/verified assets.
2. No seasoning of funds to close.
3. Low fixed rates.
4. No debt ratios calculated.
5. No tracking of funds to close.
6. No minimum job time requirements.
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