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Private mortgage insurance (PMI): It’s required if you put less than 20% down on traditional construction loans, but VA construction loans do not require PMI, even without a down payment.
A construction loan is short-term financing that funds a new home or commercial property development. Standalone construction loans are repaid within 12-18 months, while construction-to-permanent ...
U.S. construction spending dropped further in June amid a sharp decline in outlays on single-family housing projects because ...
Ascent Developer Solutions, a private mortgage lending platform, announced its launch Friday in conjunction with an equity infusion from Elliott Investment Management. Headquartered in Southern ...
These recent deals, completed through Kennedy Wilson’s debt investment platform, expand the student housing loan portfolio to $850 million to develop approximately 8,800 beds, with an additional ...
The financing for this closing includes a $8.2MM construction loan provided by Churchill Mortgage Construction (“CMC”) and a $2.7MM unfunded forward-committed permanent loan provided by ...
Empira Group secured a $111.3 million construction loan from Goldman Sachs to build a 26-story, 310-unit apartment tower named Perrin in Miami's Brickell neighborhood. The Perrin project, designed ...
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