Did you know that when you use a construction loan in Maryland you only pay transfer tax on the land cost and not the construction cost? This can add up to thousands of dollars in savings over a conventional end loan!
Did you know that when you use a construction loan ALL of the interest paid during the construction of your home is tax deductible? This can add up to thousands of dollars in tax savings!
Did you know depending on the equity in your current home 100% FINANCING is now available? This could allow you to get started, non-contingent, while your current home is on the market!
Did you know that banks prefer lending money on a lot combined with an improvement (a home) and that "land only" loans are very difficult to get? Using a construction loan (Land + Home) makes financing your dream home much easier to secure.
Did you know that with flexible terms, highly competitive rates and fast closings construction loans have been the preferred choice for financing New Homes by millions of New Home buyers for many, many years? This is a solid, proven, simple loan program for financing your New Home Construction!
Wait, there's more! Would you like to learn even more benefits associated with a construction loan?
Please call 1.888.864.4CRB or email today and we would be glad to put you in touch with one of our construction loan experts so they can answer any and ALL of your questions.