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Updated over 5 years ago on . Most recent reply

User Stats

106
Posts
5
Votes
Jeff Cliff
  • Northern California
5
Votes |
106
Posts

Looking to get construction loan

Jeff Cliff
  • Northern California
Posted

I contacted a couple of mortgage brokers and they told me they don’t do construction loans. The property I bought in needs major rehab work and due to which I couldn’t do traditional financing and paid it off in cash.

Now, I am looking to get a loan to do the rehab work which after finishing the work would convert into traditional loan.

What would be the best place to get this kind of loans?

Thank you in advance

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