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2. Best construction loan lenders in 2024 - AOL

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

   This’ll help you avoid delays with closing and getting the funds to your contractor. Types of construction loans. Construction-to-permanent loan – A loan to pay for construction costs, ...

3. Mechanic's lien - Wikipedia

   en.wikipedia.org/wiki/Mechanic's_lien

   In particular, without the mechanics' lien, subcontractors providing either labor or materials may have no effective remedy if their general contractor is not sufficiently financially responsible, because their only contractual right is with that general contractor. Without the mechanic's lien, the contractor would have a limited number of ...

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

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

   FHA construction loans: For as little as 3.5 percent down, you can get a construction loan insured by the Federal Housing Administration (FHA). These come in the form of a construction-to ...

5. Project finance - Wikipedia

   en.wikipedia.org/wiki/Project_finance

   The most common project finance construction contract is the engineering, procurement and construction (EPC) contract. An EPC contract generally provides for the obligation of the contractor to build and deliver the project facilities on a fixed price, turnkey basis, i.e., at a certain pre-determined fixed price, by a certain date, in ...

6. Retainage - Wikipedia

   en.wikipedia.org/wiki/Retainage

   Retainage is a portion of the agreed upon contract price deliberately withheld until the work is complete to assure that contractor or subcontractor will satisfy its obligations and complete a construction project. [1] A retention is money withheld by one party in a contract to act as security against incomplete or defective works.

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

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

   There are two types of FHA construction loans: an FHA construction-to-permanent loan and a FHA 203(k) loan. FHA construction loans can be rolled into an FHA permanent mortgage.