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Real Estate Glossary

Construction loan

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Written by Luis Escobar

Also referred to as a self-build loan, a construction loan is interim financing in the developmental phase of a certain property. It is typically used to fund the costs of a project before you can obtain long term funds.

Also referred to as a self-build loan, a construction loan is interim financing in the developmental phase of a certain property. It is typically used to fund the costs of a project before you can obtain long term funds.

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Luis Escobar

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