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Construction Loan
Updated
January 19, 2023
A short-term loan acquired by a builder during the building process. The loan amount is due upon completion of the project.
Curtailment
Cumulative Interest
Creditworthiness
Creditor
Credit Score
Credit Report
Covenant
Convertible ARM
Convertibility Clause
Conventional Loan
Related Topics
Navigating the Process of Mortgage Modification
What Is Non-Recourse Lending?
What Is a Short Sale?
When Is the First Mortgage Payment Due?
What Does Foreclosure Mean?
What Is a HELOC Loan?
Loan Default
Financial Considerations (For First-Time Home Buyers)