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Updated over 4 years ago on . Most recent reply

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26
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7
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Lacey Burns
7
Votes |
26
Posts

Construction Loan Advise

Lacey Burns
Posted

Hi BP Team! 

Does anyone have a referral for a bank that is great with construction loans? 

First time building. 

From my research I have found a bank that will wrap the down payment into the loan. Another bank requires 20% down up front. 

Pro's and Con's of both? Not exactly sure what the best route is. 

A lot depends on interest rates. I know construction loans are higher. 

Thanks for your time! 

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