LIBERTY CAPITAL DEALSHEET LOAN AMOUNT: $ 185,000 FINAL SALES PRICE: PENDING at $ 399,950 LOAN DATE: August 2012 to February 2013 LOCATION: Renton, King County TYPE: New
Construction Loan DETAILS: The borrower on this new construction project is an experienced builder with extensive familarity building in the Renton Highlands area.
Not exact matches
The fine print points out some of the
details of the eligibility including the types of properties that are eligible for financing including a home purchase, condominium
loan and
construction.
We did talk to BB&T, and they seemed to have a reasonable process for
construction loans for owner occupants, but they require that the
construction documents and
detailed budgets be in place prior to funding of the
loan.
It would be great if you could start a Real Estate News email where you send out a newsletter
detailing broad law changes and what they mean, things like FHA
loan limit changes, a few stats on housing starts and
construction.
Click on the New
Construction link above for more
details about rates and requirements for these 12 - month
loans.