All his week we have looked at finances as a part of your home project. Let’s face it without the money to pay for your new home it simply is not going to happen. Putting your finances in order can be done quickly or it can take a year or two. With proper planning, you should be successful. Remember, it all starts with The Bank.
Let’s pretend that your construction loan has been spent and your new home is now finished. This is the moment it all turns into a mortgage. There are factors to consider: