Most people associate a mortgage with buying a house, but a construction loan finances the home build — from purchasing the lot, paying for labor and materials and covering any permit fees.
To save you time, NerdWallet researched more than 50 mortgage lenders. Of those that offer construction loans, our editorial team chose these construction mortgage lenders as standouts.
Slate Property Group and White Oak Real Estate Capital have provided a $70 million construction loan for a multifamily project in the Long Island City area of Queens. The building at 41-08 Crescent St ...