It seems that interest rates are much lower for refinancing existing loans, as opposed to new loans. I have a construction loan which doesn’t expire for a few months, would it be better to refinance the construction loan to a permanent mortgage or do a construction to permanent conversion loan? Which will [...]
Articles tagged with: construction loan
Written By: admin on October 20, 2009
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Written By: admin on September 17, 2009
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We have a construction loan that has not been recast yet. We will be closing on our home soon and will be doing a recast shortly after. Right now I believe our rate is about 6 and 5/8. When we recast can we get a lower rate?
Tags: article search, bear stearns, blog archive, construction loan, [...]
Written By: admin on September 15, 2009
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I want to make an offer on a property in Florida but want to be pre-qualified first. It has a mobile home on it and I don’t know if I will need a construction loan or rehab loan? What’s the best way for me to proceed?
Tags: 911, cnpc, construction loan, construction news, home [...]
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