I don't know the answers, but here is some general info from MACU

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Jun 21, 2018
1:12:50pm

AFewThoughts Walk-on

I don't know the answers, but here is some general info from MACU

https://www.macu.com/loans/home-loans/construction-loans

I'm not affiliated with them in anyway... it just looked like a good initial contact/questions page. They have a button to contact one of their specialist. It'll at least give you an initial idea.

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AFewThoughts

Bio page: AFewThoughts
Joined: Oct 4, 2014
Last login: May 4, 2024
Total posts: 4,515 (6 FO)

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Messages

Author

Time

Question on downpayment for construction loan on house. If I own the lot free

Bro

6/21/18 1:09pm

You should be able to use the lot as collateral with the bank

Nat Gas Man

6/21/18 1:12pm

That's what I'm thinking. Just wanted to confirm.

Bro

6/21/18 1:19pm

I don't know the answers, but here is some general info from MACU

AFewThoughts

6/21/18 1:12pm

We have a lender that will do 10% down on construction loans. They rolled the

David Lo Pan

6/21/18 1:19pm

Thanks.

Bro

6/21/18 1:21pm

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