Acquiring a build to permanent or construction loan is very different than getting a normal mortgage loan. A mortgage loan is for those who are purchasing "real property" whereas someone applying for a construction loan is purchasing an intangible concept. Construction loans are a little more tricky. To better understand them, I've put together a list of links with the answers to most frequently asked questions. Click on the questions below.
What is the difference between a Home Mortgage and a Construction Loan?
How do I get a construction loan?
What kind of credit score do I need to get financed?
How can I build my credit?
Why is getting a construction loan challenging?
What do I need to apply?
