Construction Loans: Finance Your Dream Home Build | Construction-to-Perm & Standalone скачать в хорошем качестве

Construction Loans: Finance Your Dream Home Build | Construction-to-Perm & Standalone

Ready to build your dream home? Whether you're working with a builder or taking on a self-build, there are construction loan programs designed to fit your needs. In this video, I break down the two main types of construction loans and how they work. Construction-to-Permanent Loans: ● Combines construction financing and permanent mortgage into one loan ● Only pay closing costs once ● Ability to lock in interest rate for entire loan term ● Loan automatically converts to permanent mortgage after construction Standalone Construction Loans: ● Short-term loan covers construction phase only ● Typically allows for smaller down payment ● Must be paid off in full at end of construction ● Requires a separate "end loan" (permanent mortgage) after home is complete With both loan types, funds are disbursed to your builder in installments (draws) as construction milestones are completed. This ensures work is done to satisfaction before the builder gets paid. As a mortgage broker with over 20 years of experience, I specialize in helping clients navigate the construction loan process. I work with a variety of lenders and programs to find you the best financing fit, whether you need a construction-to-perm or standalone loan. If you're ready to start building your dream home, contact me today for a free consultation. I'll review your plans, discuss your options, and help you secure the right construction loan to bring your vision to life. Your construction financing partner, David A. Krebs https://davidakrebs.com/ https://davidakrebs.com/residential-l... Connect with me: LinkedIn:   / davidakrebs   Facebook:   / 100058772927022   Instagram:   / ​   Video Chapters: 0:00 Intro 0:08 Two main construction loan type 0:10 Construction-to-permanent loan 0:24 How construction-to-perm loans wor 0:39 Standalone construction loan 0:46 How standalone construction loans wor 0:53 Builder draw process 1:01 Contact for more info