Palm Springs Banking Practice Law Firm Shares the Guide to Understanding Construction Loans

Tag Archives: Construction Loans

How Construction Loans are Made

Construction loans are subsided in increments to supplement the progress made on the development’s construction. Since construction loans are short-term loans, they must be paid in full in accordance to the loan period that is soon after the construction is completed. Construction loans can consist of a period of time ranging from 12 months to 24 months. Continue reading

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