How Do Home Construction Loans Work? 🔨🏠

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  • Опубліковано 13 чер 2024
  • 🔨🏠Ready to build your dream home but need help with financing?
    Watch the recording from our live stream event, "How Do Home Construction Loans Work?"
    You will learn each step of the construction process, from buying the land and picking a builder to allocating money throughout the project and closing day.
    Contact us with questions about Construction Loans: www.churchillmortgage.com/?ca...

КОМЕНТАРІ • 20

  • @InnerCircleScalpHunter
    @InnerCircleScalpHunter 2 місяці тому +1

    Great stuff!

  • @miguelducasse
    @miguelducasse Рік тому +3

    That’s great stuff learned a few key 🔑 ideas 💡 love the follow up support cause with everything that’s happening with rates up and down you never know you have options that can help….

  • @osaninknight3742
    @osaninknight3742 2 місяці тому

    Great information thank you.

  • @q-townmom1163
    @q-townmom1163 Рік тому +1

    good to know

  • @susiehall3785
    @susiehall3785 21 день тому

    Can we be the builder and hire subcontractors? Can we finish it ourselves after the foundation, structural, electrical, plumbing is completed?

    • @DeanBKK
      @DeanBKK 4 дні тому

      They answer this at 42:03 you're welcome.

  • @christopherderuischer4591
    @christopherderuischer4591 11 місяців тому

    Great presentation!

  • @mamirojo07
    @mamirojo07 Рік тому +1

    Does the construction loan cover modular homes?

    • @okamijubei
      @okamijubei 4 місяці тому

      I believe any homes as long they gain from the loans.

  • @jamesschallock6860
    @jamesschallock6860 Рік тому

    What about a loan for a granny pod put in our yard. 100% complete one bedroom one bath 500 square feet.

  • @graciemae9680
    @graciemae9680 Рік тому

    missclicked again

  • @user-ij5ko4se5c
    @user-ij5ko4se5c Рік тому

    Do you have an approved builders list for Lincoln Nebraska?

    • @churchillmortgage
      @churchillmortgage  Рік тому

      Please reach out on our website and we can help you connect with a Home Loan Specialist in Nebraska: www.churchillmortgage.com/program/construction-to-permanant?campaign=UA-cam

  • @aaronbrown5388
    @aaronbrown5388 3 місяці тому

    I plan on selling my current home before construction is complete. Can I use the proceeds to lower the principal balance and get a lower monthly payment?

    • @lenandov
      @lenandov Місяць тому

      I had the same question. Did you ever get an answer?
      Like when construction loan is converted to mortgage after complete, can you cash down the principal or do you have to roll all?
      That was the question, right?

  • @susanrichards7358
    @susanrichards7358 9 місяців тому +1

    #1 it's a LOAN!

  • @Feargamelioncheetahs
    @Feargamelioncheetahs 4 місяці тому

    It won't happen never I'll wait

  • @okamijubei
    @okamijubei 4 місяці тому

    Simple, they buy you, sell your debt by several banks. You pay them for the debt you owe them, they pay the debt they give to the banks. They earn the profits from the interests and fees they put in with the contract.

  • @Feargamelioncheetahs
    @Feargamelioncheetahs 4 місяці тому +1

    U r desperate