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How do Personal Residence Construction loans differ from conventional?

April 26, 2017Construction conventional Dallas differ GA Loans mortgage types Residence

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How do Personal Residence Construction loans differ from conventional?

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10 Posted

The issue on Contruction financing is obtaining Mortgage insurance. If you have less tha 20% down you will likely have to go FHA new construction. Not the easiest of loan programs to deal with. If you are putting 20% you should be able to get financing from a local bank.