In today’s real estate and construction financing, picking the right lender for a construction-to-permanent loan can be quite tricky. The process is filled with complexities, and people looking for these loans often face challenges when it comes to choosing the best lender for their project. However, construction-to-permanent loan lenders are incredibly important in making construction
The process of constructing buildings can be complex and careful planning is a crucial factor that influences the overall profitability of the project. In this article, we'll discuss how a construction loan makes planning easier for real estate projects. We'll talk about budgetary planning for construction work and see how construction loans give you payment
Are you ready to transform your bathroom into a luxurious oasis? A bathroom remodel can be a great way to improve your quality of life and increase the value of your home. However, the cost of a remodel can be a significant barrier for many homeowners. This is where a construction loan can come in
Major home renovations are a popular choice among homeowners who wish to improve the value and functionality of their homes. From expanding kitchens to adding new rooms or even building an entire addition, these projects can dramatically improve a home's livability and market value. However, they can also come with a hefty price tag, making
A great way to enhance your outdoor living space is by adding an outdoor kitchen. It's perfect for entertaining guests, hosting barbeques, or simply enjoying a family meal under the open sky. However, building an outdoor kitchen can be an expensive undertaking, especially if you plan to install high-end appliances, luxurious features, or custom finishes.
Are you looking for more space in your home? Room additions can be a great way to add extra square footage and functionality without moving. But when it comes to adding a room, there are two main approaches: build-up or build-out. In this article, we'll look at the pros and cons of each approach as
It can take years of thoughtful budgeting to be in a position where you’re ready to commit to building a custom home or undertaking a serious home renovation project. You’ve worked hard to be in this position, and you need a team that understands your goals – and can execute them. Believe me, I know.
The loan process for a construction loan is not much different than a regular home loan. There are a few additional items that are needed that relate to the construction project and appraisal, but the process and qualifications are very similar. If you qualify for a non-construction loan, you should qualify for a construction loan
The construction phase begins after you close on your construction loan. It’s at this point your construction loan is in place, and you can start drawing on it to complete your project. You will generally have 12-18 months to complete the project. The most important thing to remember during the construction phase is that the
Whether you’re building a new home from plans or making renovations on an existing structure, the construction loan process can be complex. At Ed Currie, our goal is to make it as easy as possible, so we’ve created this guide of the most frequently asked questions. You can also feel free to call us at
Whether you’re looking to build your dream home or make significant repairs to a home with great bones, securing a home construction loan is key. But because these loans typically come with a requirement of 20 to 30 percent down, it’s not always an option. However, when you work with certified mortgage planner and construction
Did you know winter is actually one of the best times of the year to plan an upgrade for your home with a room addition? Unlike muddy, humid spring and summer months, the dry air and frozen ground are ideal conditions for laying foundations and pouring concrete. And because many builders aren’t booked up during
