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Real Estate Glossary

Construction Financing

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Written by Luis Escobar

This is a type of loan that spans for only the short term. It is provided by a lender to fund the real estate construction project. Construction financing typically comes with a floating interest rate. Once the construction is finalized and the site is sold or leased, the loan is then repaid using permanent loan proceeds.

This is a type of loan that spans for only the short term. It is provided by a lender to fund the real estate construction project. Construction financing typically comes with a floating interest rate. Once the construction is finalized and the site is sold or leased, the loan is then repaid using permanent loan proceeds.

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Luis Escobar

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