Building a new home? Renovating the one you have? Construction-to-permanent loans are a way to finance your dream house through construction.
Whether launching a major renovation, adding on to your home or building from the ground up, construction-to-permanent (cp) loans from suntrust mortgage.
Sep 5, 2014. The rates on this type of loan are higher than rates on permanent mortgage loans. To gain approval, the lender will need to see a construction.
The buyer obtains a construction loan for the period of construction, followed by a permanent loan from another lender, which pays off the construction loan.
Construction-to-permanent financing solutions from merrill lynch home loanstm. Building or renovating a home may be one of the largest projects you will.
May 5, 2014. A construction-permanent mortgage (cp loan) is a three stage mortgage. Unlike other types of new construction mortgages, regions cp loan.
Building a new home? Get all of your home construction loan options and information - under one convenient roof at wells fargo.
Youll save time and money with one closing, one set of closing costs and one construction loan. Construction permanent loans are available with fixed-rate or.