Updated over 3 years ago on . Most recent reply
New Construction Loan on Duplexes
I recently applied for a new construction loan (10%) with Ameris Bank but she mentioned that most banks do not offer 10% construction loans on multi-family or in this case a duplex. My wife and I are looking to build a duplex for our primary residence but I'm striking out with loan options.
Trying to see if anyone has ran into this before or know of lenders who offer 10% new construction loans for duplexes?