Financing in North Beach/ Blue Ridge : Questions & Answers

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Rebeccatrulia, Renter in United Amigos, Mesa,...
Rebeccatrulia answered:
I am looking for a 500K construction loan. Should I go with a bank? lender?
Hi Jeremy

A reverse mortgage is a loan for senior homeowners that uses a portion of the home's equity as collateral. The loan generally does not have to be repaid until the last sur ... more
0 votes Share Flag Sun Oct 6, 2013 Financing in North Beach/ Blue Ridge
Alyssa Beller…, Real Estate Pro in Tacoma, WA
Alyssa Beller (253) 740-2586 answered:
What questions should I ask my lender?
good answers so far! I think the best thing to ask your lender is do they have experience doing construction loans. They are complicated and there are many ways to do them.There are als ... more
0 votes Share Flag Tue Apr 19, 2011 Financing in North Beach/ Blue Ridge
Alyssa Beller…, Real Estate Pro in Tacoma, WA
Alyssa Beller (253) 740-2586 answered:
what is a construction take out mortgage?
yes take out financing refers to the permanent financing in the end when construction is completed. By paying off the construction and or land is considered take out:)

our corp offic ... more
0 votes Share Flag Tue Apr 19, 2011 Financing in North Beach/ Blue Ridge
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