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Construction loans are short-term, high-interest loans that cover the costs of building a new home – including land purchases, contractor labor, materials and permit fees. With a construction ...
National Builders vs. Custom Builders. For custom builders who build anywhere from five to 50 houses per year, adjusting to a new potential round of price increases may be more difficult than it ...
Loan estimate based on a 30-year term of a new construction home priced at $400,000 with a down payment of 20% for a mortgage applicant with good credit. That's not to say that higher upfront ...
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