How a Construction-to-Permanent Loan Impacts Contractors & Lenders
Levelset
OCTOBER 19, 2022
Here are the main benefits and downsides of construction-to-permanent loans and how they can streamline the financing procedure. Cost-plus agreements raise the chance of default. These agreements are lawful, but may be detrimental to a lender’s bottom line. Failing to protect lien rights. What are the upfront costs?
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