US bank loan for construction. Louisiane

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Calculation example: with a loan amount of USD 100,000 at 10% per annum, for a period of 1 year, the total amount to be repaid will be equal to: USD 105,499.06, with a monthly payment: USD 8791.59. The consequences of not paying the loan are regulated by the legislation of USA.

     

    US bank loan for construction.

    Are you planning to build your dream home? If so, a construction loan may be right for you. Construction loans are short-term bridge loans used to build a new home. The contractor receives payments as the work is completed. Contact an experienced US bank loan officer to learn more about construction loans and discuss current construction loan rates.

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