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PrimeLending New construction loans. financing your very own custom home from the ground up is a little different. It’s a two-step process where you first obtain a temporary loan to get the project started, then when construction is complete, you refinance your initial loan to get your regular mortgage at the most favorable terms possible.
The best way to get everything you want in a house is to have it built to your specifications. Financing the entire project involves several steps and requires an outlay of funds before you can.
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do fha loans require a home inspection Does FHA Require Well & Septic Inspections? | Sapling.com – FHA Guidelines Are Flexible. The fha ultimately leaves decisions about well and septic inspections to lenders. FHA-approved lenders know the agency’s guidelines for property condition and required repairs, and must use prudent underwriting when making loans for the FHA to insure.
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