Could project loans be considered as a type of mortgages?
|
  |
|
|
| Author |
Message |
nathanael
Apprentice
Joined: 02 Sep 2005
Posts: 1
|
 Posted: 08/20/08 - 09:56 Post subject: |
 |
|
| Good morning everybody. I am interested in building my own house and I am looking for financing options. What I would like to know is whether I can get a mortgage for that. Could project loans be considered as a type of mortgages? If you have any other advice regarding this, I’ll be happy to hear them. Thank you. |
|
|
Back to top
|
|
|
|
 |
cory
Apprentice
Joined: 15 Mar 2007
Posts: 2
|
| Posted: 09/26/08 - 23:39 Post subject: |
|
|
| Hello hello. To tell you the truth, I don’t know much about this subject, but I think I’ll be able to help. Now, I think that many mortgage providers do offer loans designed for people who do not buy, but build their own homes. I also think that many of these loans can be insured by the FHA (if you ca qualify) which makes them much more attractive. So, I would suggest you to do a little research. Contact several mortgage providers and ask about the details. As you may probably know, terms can be quite different so it’s not an easy job to find a good mortgage loan. Anyway, I wish you all the best with that and hope that you’ll be able to build yourself a nice home. Take care! |
|
|
Back to top
|
|
|
|
|
|
| |
All times are GMT
|
| Page 1 of 1 |
Related topics: | |
|
|
