Tag Archives : construction phase

Construction Permanent Loans: A Blessing for Builders

Construction Permanent Loans: A Blessing for Builders

Posted by on August 24, 2011 · 0 Comment

Now days it is not a difficult task to construct a residential or commercial building because there are a large number of banks and other financial institutions who are offering construction permanent loan. This loan has two phases. In first phase a consumer pays interest to bank till completion of construction and in the second phase when building is completed it mortgage is applied to the structure.

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