Summary: Construction Loans and especially Owner Builder Construction Loans have become difficult to obtain. You will have to convince a mortgage lender you can get your new home completed on time and at your estimated cost to build.
Hi Carl,
If you don't mind, would you explain how an aspiring self General Contractor convinces potential mortgage lenders to risk funding them?
Hi Dennis,
For those of you and others who have been looking for, or attempting to obtain, construction financing, you have obviously found the going to be tough, BUT...read the rest HERE.
Carl Heldmann