New Construction Loans | Mortgage Tips| The Differences In Closing Costs скачать в хорошем качестве

New Construction Loans | Mortgage Tips| The Differences In Closing Costs

One of the biggest questions Realtors and Lenders get asked when thinking about custom new construction homes is: What type of new construction loans are available? What is included ? or How do I know if I can qualify for new construction loans? New home financing and closing costs can be a little scary to even ask about, but we have made it easy to understand in this video. Friends, we are answering that question in this video a little deeper. We walk you through some of the most common steps during the loan process for new homes. Construction loans usually have variable rates that move up and down with the prime rate. New Construction rates are typically higher than traditional mortgage loan rates and we can chat more about next! This video will also highlight topics like rates, the temporary and permanent face of the new construction process, how Lenders calculate your payments, the benefits of these two type of new construction loans, what are the cons of this type of new construction loans, how your equity could help you when you make changes during the construction phases and you don't have a way to pay out of pocket. Because construction loans are on such a short timetable and they’re dependent on the completion of the project, you need to provide the lender with a construction timeline, detailed plans and a realistic budget. If you are looking for the best Real Estate Agents in the Huntsville Alabama area or you have more questions about the type of financing and new construction properties in our Huntsville metro area, you are in the right spot. Get Our FREE New Construction Guide from your local Huntsville Alabama Real Estate Experts and Build Your Dream Home with Confidence https://www.johnwesleybrooksrealestat... Need More Information on Financing and Loan Programs?    • Mortgage | Financing Tips For Real Estate ...   Homebuyers and Home Sellers Tips    • REAL ESTATE TIPS and TRICKS   New Listings    • AVAILABLE HOMES FOR SALE:  HUNTSVILLE, MAD...   The Brooks Family Of Realtors Has Been Serving The North Alabama & Tennessee Valley Since 1972. A Three Generation Real Estate Family Completely To Your Service Whether You Are Just checking Out This Part Of The United States, Curious About All The Noise Our Rocket City Is Famous For, You Are Relocating, Just Moved To Alabama or You Want To Invest In Our Real Estate Market. Make Sure You Reach Out Today Connect with us today. John Wesley Brooks The Brooks Family Of Realtors 256-797-2283 256-759-7744 📍Capstone Realty 📍Huntsville, Alabama Lisa Blake 📍Cadence Bank 256.337.5729 CHECK US OUT | Website: 🌐 https://www.johnwesleybrooksrealestat... We Are very social |   / thebrooksfamilyofrealtors     / johnwbrooks   Chapters: 00:00 New Construction Lending Options 0:23 The difference between one time vs two time close 1:00 Benefits of a two time close 1:43 Single close construction loan 2:06 Payments during the building phase 3:07 Benefits of having a Lender and Realtor #newconstructionloans #mortgagetips #thebrooksfamilyofrealtors #onetimeclosing #twotimeclosings #huntsvillealabamarealtor #huntsvillealabama #Huntsvillealabamabestrealtor #realestatemarket #newconstruction #homemortgage #buildingloans