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2. 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 ...

3. Lump sum contract - Wikipedia

   en.wikipedia.org/wiki/Lump_sum_contract

   Obtaining construction loans are easier with this type of contract. [9] [8] The profit margins and percentages are greater for engineers and contractors. [8] [9] Payments and instalments are made on regular basis which provides the contractor with a reliable cash flow. [8] [9] Management of the contract is a lot easier for the owner. [8] [9]

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. VA construction loan: How to build your home via a VA loan - AOL

   www.aol.com/finance/va-construction-loans-step...

   Construction-to-permanent or one-time/single close loan: You take out a construction loan to cover the cost of the project; the loan then converts to a “regular” mortgage, and you start making ...

7. Mechanic's lien - Wikipedia

   en.wikipedia.org/wiki/Mechanic's_lien

   For instance, in the State of New York, the appearance of specified language in the mortgage to the effect that it is a construction loan preserves its priority over mechanic's liens arising out of the construction, as long as subsequently filed lien claims that are legitimate are not ignored.

8. Cost estimate - Wikipedia

   en.wikipedia.org/wiki/Cost_estimate

   A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate. A cost ...

9. Punch list - Wikipedia

   en.wikipedia.org/wiki/Punch_list

   In the United States construction industry, contract agreements are usually written to allow the owner to withhold (retain) the final payment to the general contractor as "retainage". [3] The contractor is bound by the contract to complete a list of contract items, called a punch list, in order to receive final payment from the owner.