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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...

   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.

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. 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 ...

5. Mechanic's lien - Wikipedia

   en.wikipedia.org/wiki/Mechanic's_lien

   This may seem obvious, but there are numerous construction costs that are not subject to mechanics' liens. A portion of construction costs may not qualify for a mechanic's lien because the work did not improve the property. A good example are items that are not intended to be permanent, but nevertheless, necessary in the course of construction.

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. Letter of intent - Wikipedia

   en.wikipedia.org/wiki/Letter_of_intent

   A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement , term sheet or memorandum of understanding .

8. 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 ...

9. Best construction loan lenders in 2024 - AOL

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

   A construction loan is a short-term loan designed to help with the purchase of a plot of land and the construction of a home or pay for major renovations to an existing home. Renovation loans, on ...