Discover how back-to-back commitment loans work, their advantages, and how they help mitigate lender risk, especially in construction financing.

Fierce competition and uneven real estate prices may have you thinking about building your dream home instead. Or, you may want to do a gut renovation, teardown or rebuild of an existing home, which ...

Construction loans are short-term loans that you can use to build a new home. Some construction loans can be converted to mortgages after your home is finished. Construction loans typically have ...

Learn how construction interest expense impacts your finances, featuring definitions, examples, and tax implications for construction loans and long-term business assets.

A construction loan can help you finance the building of a new home on land you’ve already purchased. Depending on the situation, you may opt for a construction-only loan, a construction-to-permanent ...

Using a general contractor who offers home improvement financing seems convenient, especially if they’re standing in your kitchen ready to start as soon as you pay them. Contractors who offer loans ...

An FHA construction loan is a type of FHA loan that covers the cost of building a home, including the land or lot purchase, building materials and labor. There are two types of FHA construction loans: ...

David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less. He is ...

Construction loans are short-term, varied-interest-rate mortgages granted to finance the construction of a new home or the renovation of an existing property. Construction loans do not apply to new ...