Mortgage to build on land in the USA
How do I get a Mortgage to build on a property(Land) that I own outright in Texas as a British Citizen
|
Re: Mortgage to build on land in the USA
Rocket Mortage has a good primer on the different types of "construction loans" and "construction mortgages" that are available (note: I've never used Rocket and don't know much about them, but this was a pretty good primer when we were considering similar).
https://www.rocketmortgage.com/learn/construction-loans |
Re: Mortgage to build on land in the USA
Thanks Penguinsix, I will check them out
|
Re: Mortgage to build on land in the USA
If you have a custom home builder lined up then speak to them about it - they may have some negotiated deals with certain lenders.
|
Re: Mortgage to build on land in the USA
They usually expect a Contractor to have a certain track record.
|
All times are GMT. The time now is 1:58 pm. |
Powered by vBulletin: ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.