Getting a great rate with suitable features for a construction or renovation loan is critical for the success of your next project.
Cashflow is an important aspect of any project. The key is to understand how construction loans are structured and what you need to qualify. The lending criteria for construction loans can vary between banks and lenders, and so can the features of these different construction loans.
Constructions loans are not the same as traditional home loans. These are the major differences:
We can help you assess how much you can borrow, even if you have bad credit. We will then find a suitable loan that will allow you to finance your construction or renovation with peace of mind.
Our teams have the knowledge and experience to source different types of construction loans and renovation loans from our panel of over 20 lenders. Our panel of lenders includes banks (both big and small), non-traditional lenders, and peer to peer lenders. This means we can help you find low rate loans that you might not see advertised.
A construction loan or renovation loan is a funding solution that can bring a dream project to life!
Get National Finance + Loans on your team. Ask questions or apply today by phone, online or in person.