http://www.mortgagekey.net/loans/construction-loans.html Construction loans are just around the corner when you fill out our form for free quotes from multiple lenders! en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 Construction Loans It is the American Dream, isn't it? To live in a home that you can proudly say is yours. Where you are the owner, no one else. You have your piece of land in this great nation, and it is yours to do with as you please. Essentially, it is your castle and you are the king. Does this sound like appealing to you? Have you been wondering how you are going to possibly achieve such independence when your financial situation is so constrained? Have you heard about construction loans? Construction loans are available to those who in need of loans for the purpose of achieving that great dream of which we have been speaking: The dream of building, and owning, their own home. Get The Info. New construction loans are a certain type of home loans that allow you to receive the financing necessary to partake in the construction of a new home. There are three main ways to finance a home construction project: Single-close CTP Double-close CTP Construction End-loans Single close CTP loans are the most common and cost-efficient type of construction loans. With these, homeowners can qualify and close with one application. This loan provides funds as needed during the construction phase, and is then converted to a permanent, fully-amortized mortgage at the time of completion. Double-close CTP loans is a traditional form of construction loans that actually provides two separate loans: a temporary, interest-only construction phase loan to build the home, and a permanent, fully-amortized mortgage when the home is completed. This is more expensive than a single-close CTP loan. Construction End-loan: A permanent mortgage loan that does not contain the construction phase feature. Get the Quotes! Simply fill out the form on our page and be contacted shortly with numerous low rate quotes from the best lenders in the business! It is risk free, non-obligational, and a really smart decision! Sat, 26 Jul 2008 15:00:00 EDT http://www.mortgagekey.net/loans/new-construction-loans.html New construction loans can help you afford the house of your dreams! en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0