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Home construction lending is a little different than
regular mortgage financing.

  1. First: you will need a home construction line of credit that will used to pay subcontractors and suppliers who perform work and provide supplies.

  2. Second: at the end of the construction project,
    you will use a residential mortgage to pay off the construction line.

More information:

about home construction financing
getting qualified for financing
submitting your application checklist
 
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