Jamie Stanners Mortgages
Building Your Dream Home with a Construction Loan
Dreaming of a custom-built home? A construction loan can make that dream a reality. Unlike a traditional mortgage for an existing home, a construction loan provides the funds you need to build your home from the ground up.
Construction loans have some key differences compared to regular mortgages, including loan length and availability. Here are a few things to keep in mind:
- Funding Your Vision: Construction loans are specifically designed to finance the construction of unique homes tailored to your preferences.
- Milestone Payments: Instead of receiving the entire loan amount upfront, funds are disbursed in stages as you reach specific construction milestones. This ensures the project stays on track.
- Interest Rates: Construction loan interest rates are often higher than standard mortgage rates.
Ready to learn more about construction loans and how they can help you build your dream home? Contact me today for expert advice and guidance!
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