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construction loan: Challenges of a Construction Loan - 10/30/07 06:07 PM
 People often ask me why construction loans are so difficult?  One would think this is a question a potential client, building their first home, or maybe a Realtor new to the construction arena would ask. Unfortunately this question I get asked most by colleagues in my profession.  Loan officers, processors, and senior loan managers are just a few that are confused by construction loans.
Let me give a little insight to why construction loans are very difficult to figure out (even for those in the mortgage profession).
There are more variables to consider.
Is the land already owned? If so when was it bought, how much, and what … (0 comments)

 

Katie Marchione ~ Community First Financial

Scottsdale, AZ

More about me…

Community First Financial

Address: 7575 E. Redfield Rd. Suite 235, Scottsdale, AZ, 85260

Office Phone: (480) 305-8900 x 315

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