These days, only about 30,000 - 40,000 new trials are begun each month, but with a greatly higher success rate in transitioning three - month trials into permanent loan modifications. (mortgageloan.com)
Please see our Home Loan Basics section for more information on Construction Permanent Loans. (mortgage.landmarkcu.com)
As some banks pull back on construction loans, they are shifting that capital into permanent loans with longer terms. (nreionline.com)