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  2. What are construction loans, and how do they work? - AOL

    www.aol.com/finance/construction-loans-154657152...

    Construction loans typically have tougher criteria than conventional mortgages for existing homes. ... Requirements: Construction loan requirements include being financially stable and having the ...

  3. What is a construction-to-permanent loan? - AOL

    www.aol.com/finance/construction-permanent-loan...

    A construction-to-permanent loan — also known as a one-time, single-close or construction-perm loan — is a type of mortgage for those building a home. It funds the purchase of land and the ...

  4. Best construction loan lenders in 2024 - AOL

    www.aol.com/finance/best-construction-loan...

    Lender. Credit requirements. Down payment minimum. Bankrate Score. New American Funding. 620 for conventional loans. 3% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans

  5. FHA construction loan: What it is and how to get one - AOL

    www.aol.com/finance/fha-construction-loan-one...

    Unlike conventional construction loans, however, FHA construction loans are insured by the FHA. That means if you have a down payment of at least 3.5 percent, you could qualify for the loan with a ...

  6. 5 types of mortgage loans for homebuyers - AOL

    www.aol.com/finance/5-types-mortgage-loans...

    The main types of mortgages are conventional loans, government-backed loans, jumbo loans, fixed-rate loans and adjustable-rate loans. ... All about construction loans. Interest-only mortgages ...

  7. Conforming loans: What they are and how they work - AOL

    www.aol.com/finance/conforming-loans-203505330.html

    Both conforming loans and conventional loans refer to private (non-government) and commercial mortgage loans. And their meanings overlap. But “ conventional loan ” is a broader category.

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