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loan to finish a house: Partially Complete Homes - 04/23/10 01:58 AM
I have encountered several clients who started construction of a home on their own nickle, expecting to get a construction loan to finish the last 10 -20 or 50%.  Only to find that most banks won't lend on a house if construction has already started.  I can't speak for the rest of the markets, but at least in our area of Eastern Washington, you have some choices.  You CAN get a construction loan to finish a house, or to buy a partially completed home.  We have several spec homes in our market that the builders walked away from; fortunately they were dried … (2 comments)

 
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Darel Ansley

Wenatchee, WA

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Peoples Bank

Office Phone: (509) 664-5324

Cell Phone: (509) 860-3301

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