Construction loans are short-term loans that you can use to build a new home. Some construction loans can be converted to mortgages after your home is finished. Construction loans typically have ...

Most people associate a mortgage with buying a house, but a construction loan finances the home build — from purchasing the lot, paying for labor and materials and covering any permit fees.

But there's one step you haven't yet navigated: getting a construction loan to finance the project. Sure, you've borrowed from the bank before. But construction loans can be quite a bit more ...

You might need a construction loan if you build a house and need financing to cover permits, supplies, and labor. Construction loans are short-term loans (usually for one year) that carry higher ...