Unlike a mortgage, a construction loan only covers costs associated with building the house, including the following: Land Permits Building materials Labor Contingency reserves, or an extra chunk ...

"Take the longest term available," Hensley suggests, "to have time in case weather or labor and material delays happen." Apply for the home construction loan. An underwriter will analyze your ...

As the competition for construction loan projects remains at unprecedented levels in much of the country, lenders are frequently being asked to waive, modify or re-visit their standard ...

When negotiating construction contracts, attorneys often focus on the American Institute of Architects (AIA) A201-2017 General Conditions, a ...