The loan process can vary considerably from one state and county to another, but this is a general overview of the process, featuring the major players in your construction loan process. The Construction Loan Process: The Cast of Characters. The Loan Processor: This bank or lending institution employee will collect all the information regarding.
Construction loan funds; Construction Period Begins. 3-12 months, depending on the project and loan program; periodic draws during the construction period. When the home is 45-60 days away from completion, Honor Bank will obtain updated loan documentation. When the completion certificate is issued, Honor Bank orders the final appraisal inspection
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