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Refinance - Home Equity - 2nd Mortgage - Debt Consolidation - Home Improvement - FHA VA
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Popular Terms 30 yr Fixed
Construction Loans Advantages Many homeowners use construction-to-permanent financing programs where the construction loan is converted to a mortgage loan after the certificate of occupancy is issued. The advantage is that you only have to have one application and one closing. Depending on your view on interest rate trends, you could also purchase a rate-lock agreement valid through the expected completion of the construction. Just make sure you allow for the inevitable construction delays. A construction loan, unlike a mortgage, isn't meant to be around for a long time. If you're taking out a $200,000 construction loan for six months and you pay an extra 0.5 percent on the loan, it costs you an additional $250. (Assumes an average $100,000 loan balance over a six-month construction period.) You may be willing to pay a higher rate on the construction loan if you're doing construction-to-permanent financing and can get better mortgage terms or a longer, better rate lock from that lender.
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Washington DC Construction Loans Construction Loans for Washington DC Homeowners! We've Got Just The Right Loan, For All Types Of Washington DC Homes Including Log, Timber Frame & Modular Homes Construction-To-Permanent Loans
Lot Loans
Remodeler Loans
Bridge Financing
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Mortgage Resources Mortgages 
Washington DC Factoids From its celebrated symbols of patriotism to its undiscovered neighborhoods, the sights and sounds of the nation's capital inspire millions of visitors every year. Packed with famous sights, free attractions, and an endless calendar of special events, Washington, DC offers year-round inspiring experiences. Beyond Washington DC's most familiar vistas, the capital city unwinds into a lively urban center. Casual cafes and upscale bistros line the trendy streets of Georgetown, while the downtown district sizzles with a host of new restaurants. Spontaneous Jazz notes tumble out the windows of U Street's nightclubs, while world-class performers take the stage at the highly acclaimed Kennedy Center. Kayakers tackle the Potomac River as it winds past the elegant marble tributes to America's great leaders.
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