how is the best way to get financing for a construction loan to build my home in Oklahoma?

1 ⤊

how is the best way to get financing for a construction loan to build my home in Oklahoma?

I haven't bought the land yet...still looking for that perfect spot.

2006-09-20 13:36:03 · 2 answers · asked by chays 3 in Business & Finance ➔ Renting & Real Estate

2 answers

The best way is to talk to a mortgage loan officer. There are essentially two types of construction loans: Construction-to-Permanent financing and One-Time Close financing. Each has specific advantages & disadvantages. Make sure the loan officer you talk to is experienced in construction loans.

Rick Lanicek
www.primelendingonline.com

2006-09-20 13:40:17 · answer #1 · answered by Anonymous · 1⤊ 0⤋

Go to the bank or the SBA center.

2006-09-20 20:40:12 · answer #2 · answered by Medical and Business Information 5 · 0⤊ 0⤋