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Construction LoansConstruction Loans typically require “out of the box thinking”, There are many challenges that a borrower could face during construction or within the construction-to-permanent time frame. Our experience and database of lenders will prove to be your greatest assets for all phases of your project. A loan that combines both construction and permanent financing into one loan with only one closing cost (eliminates separate closing costs) typically a construction can last for a period of six to twelve months. When construction is complete, the loan converts to a permanent mortgage. In order to review a construction to perm loan, additional documentation must be provided along with the standard credit and income documentation. |
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Mortgage Calculators
69 Wickey Ave.
Westbury, NY 11590 | ||||||||||||||||||||
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