Build your own house | Getting a construction loan explained

In this video, I explain how to get a construction loan and what are the steps to take if you want to build your own house. How much money are you going to need to qualify for a construction loan, credit scores, and other requirements.

Building your own home can be a great financial move as well as a great experience with homeownership. By building your own custom home, not only you can customize and control the way you want your home to be but also, you will be able to enjoy instant equity in most cases, as you will not be overpaying for a new cookie-cutter new home in a subdivision.

******************************
Follow me on:

➡️ IG: http://instagram.com/zambrazzi
➡️ FB: https://www.facebook.com/cleartoclosemo

******************************
⏱ Timestamps:

0:00 - Intro
01:40 - Differences of construction loans
03:10 - One-time close construction loan
04:14 - Two-time close construction loan (Construction to Perm)
05:02 - Pros and cons of each construction mortgage
07:20 - Requirements to qualify for a construction loan
10:00 - Find a reputable builder
13:50 - Where to get a construction loan
15:58 - Outro

******************************

↘️ GET A MORTGAGE PRE-APPROVAL 🏠
http://bit.ly/38JnS50

↘️ GET A REFINANCE QUOTE 💰🏠
http://bit.ly/3eJ0lFa

↘️ TRACK YOUR HOME’S EQUITY 24/7
https://hmbt.co/xeTwwp
******************************

Видео Build your own house | Getting a construction loan explained канала Marcos Zambrano