Nab Incredible Rates with Top Construction Loan Lenders

There are several types of construction loans available, each catering to different needs:

• Construction-to-Permanent Loans: These loans start as a construction loan and convert to a permanent mortgage once the construction is complete. They offer the benefit of a single closing process, which can save you time and money.
• Stand-Alone Construction Loans: These are separate loans that cover the construction phase only. Once the project is finished, you will need to obtain a separate mortgage to pay off the construction loan.
• Owner-Builder Loans: If you're planning to act as your own general contractor, this loan type might be suitable. However, it requires you to demonstrate significant construction experience.