Your funds will be disbursed in chunks—called draws—as your home’s build progresses Written By Written by Contributor, Buy Side Aly J. Yale is a contributor at Buy Side and an expert on real estate, ...

Most people associate a mortgage with buying a house, but a construction loan finances the home build, from purchasing the lot and paying for labor and materials to covering any permit fees. CNBC ...

CLEARWATER, Fla., June 11, 2024 /PRNewswire/ -- DKC Lending (DKC) announces the availability of its new construction loan product for real estate investors building residential homes. As one of the ...

Construction loans fund new builds; borrowers pay interest only on funds drawn. Two loan types: standalone (pay on completion) and construction-to-permanent (converts to mortgage). Alternatives ...

Michigan-based lender United Wholesale Mortgage (UWM) has introduced a construction-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once ...

SAN LUIS OBISPO, Calif., May 20, 2025 /PRNewswire/ -- Land Gorilla, the leading provider of construction lending software, today introduced Intelligent Document Processing (IDP), a powerful new ...

If you need to borrow money to buy a home that's already on the market, you can usually depend on a mortgage to help. But what happens if you need a loan for a house that only exists in your mind?

Building a home is an exciting opportunity to personalize your new space. But just like buying a house, construction can be an expensive prospect. Luckily, construction loans provide the funds ...

An FHA construction loan is a type of FHA loan that covers the cost of building a home, including the land or lot purchase, building materials and labor. There are two types of FHA construction loans: ...

For many homebuyers, it’s the realization of a dream: a house in the country, with acreage and distant neighbors. But the imbalance of home value to land value can make finding a mortgage challenging.