Real Estate Glossary



  Construction Loan

A short-term, interim loan for financing the cost of construction. The lender makes payments to the builder at periodic intervals as the work progresses.

 

[ Back To Real Estate Glossary ]


Home | Relocation | Mortgage Calculator | Mortgage Rates | Real Estate News | Schools | Local Phone Numbers | Weather Report | Newsletter | About Us

Real Estate Websites by iHOUSEweb, Inc. ®

Site Admin Menu