As a bespoke home builder, we can’t also let you know exactly exactly how clients that are many arrived at me personally with concerns about finding a construction loan. They hear or read online that construction loans are harder to have than regular mortgages, or that the procedure is extremely tough.
You so it doesn’t need to be hard or complicated, so long as you’re dealing with experienced experts who understand what they’re doing.
We’re luckily enough to have Dino Paone from Santander Bank to aid us de-mystify the process. Dino has been kind enough to respond to several of the most questions that are common have from prospective house builders.
Getting a construction loan is obviously much like finding a regular home loan. The primary differences are: