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New Build Construction Lending: You Do Have Options

New Build Construction Lending: You Do Have Options

Date: 27 Apr 2017
Posted by: 1st Securities

When you are looking to build, the last thing you want standing between you and your dream home is a bank. New build construction loans can sometimes be difficult, but you do have options to get the money you need to build your next home.

Traditional Construction Loans

Before the recession, construction loans were a tool home builders used to finance subdivision build-outs or...

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5 Tips to Help First-Time Homebuyers Get Ahead

5 Tips to Help First-Time Homebuyers Get Ahead

Date: 20 Apr 2017
Posted by: 1st Securities

Thinking about buying a house? First-time homebuyers face a daunting task when it comes financing their starter homes. Here are some tips to help the process run smoothly.

1. Start Planning Early

Don't wait until your lease is up to decide whether you plan on buying a home. A person's home is often the single largest asset he or she owns. And that takes time to put together....

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Mortgage

Single-Family Housing Starts Highest Since Late 2007

Date: 20 Mar 2017
Posted by: Tom Oslund

Nationwide housing starts rose 3% in February from an upwardly revised January reading to a seasonally adjusted annual rate of 1.288 million units, according to newly released data from HUD and the Commerce Department.

Single-family production increased 6.5% to 872,000 units — its highest reading in nearly a decade — while multifamily starts fell 3.7% to 416,000 units.

“This...

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