How to Finance Your New Construction Home.. So say you plan to build a house that is expected to be valued at $400,000 at completion on a piece of land you already own. A local commercial bank might offer you a nine-month, $300,000 loan to construct the house – figuring $100,000 as the land.
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In your case, it seems that you want to buy a property that might house one to several families. in this area to understand how the type and size of the building can affect the type of financing.
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