Construction/Draw Mortgage

Author: Leanne Gould Mortgage Broker |

Planning on building your dream home or custom home? There are many items to consider when calculating overall costs. What can be included in the costs, can I build my own home, or do I have to hire a contractor, do I need New Home Warranty? How do I make installments or draw payments to my builder and am I required to make payments during construction? Do I have to make draws, or can I pay builder when home is completed? I can offer you options for both ways. Do your pre planning now and secure rates.

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