A construction loan is a short-term loan used to cover the costs associated with building a house from start to finish. A construction loan financing gives a new owner the money they need to build a home. As construction loans involve lots of complexities such as higher interest rates, and more work for everyone involved. At Loan Workout Group, we help borrowers by providing the funds they need to finance their projects more simply and cost-effectively.
If you have planned to build your own home instead of buying a new house, this would require you to apply for a home construction loan.
This type of loan is usually required to build, renovate, or extend your existing home.
If you are looking for a house construction loan in Florida for your house building needs, then the Loan Workout Group is the solution for all your financial needs.
For more information, call our loan advisors at (786) 863-8686.
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