How to refinance your home like a pro
Thinking about refinancing your home and need the full scoop? Read our helpful guide on what you should do and what to avoid when refinancing your home.
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Construction home loans are a type of loan designed for people who are interested in building a new home, or for major renovations as opposed to purchasing an established property. It has a differing structure compared to home loans for people buying an existing home.
Most major lenders offer construction loans that are interest-only during the construction period before reverting to a standard principal and interest loan.
