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NEW YORK, Aug 2 (Reuters) – A few years ago, homes provided a deep and seemingly endless pool of loan collateral. Now, depressed real estate values and tight lending standards are prompting some.
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Construction loan rolls into permanent, long-term loan upon completion of home. Range of variable and fixed-rate options to suit your circumstances. On-site inspections to monitor construction progress. Steps are taken to protect the project from mechanics’ liens. Product Details.
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Construction Loan Qualifications “The said loan growth may be attributed to the customers’ higher working capital requirements and investment in plant. left by embattled shipbuilder hanjin heavy Industries and Construction.
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Fortune International Group and Château Group closed on $163.11 million in construction financing. secured the loan from Bank of the Ozarks, an active lender in South Florida and New York. Fortune.
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