Construction Loan
Concept of Construction Loan in the context of Real Property
A short definition of Construction Loan: Short term financing of real estate construction. Generally followed by long term financing called a “take out” loan, issued upon completion of improvements.
Concept of Construction Loan in the context of Real Property
A short definition of Construction Loan: Short term financing of real estate construction. Generally followed by long term financing called a “take out” loan, issued upon completion of improvements.
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