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Most of these home construction loans have a limited construction term, often no more than a year. During construction, the lender will disburse money to the builder as work progresses, and you typically make interest-only payments calculated on the amount of the loan that has been disbursed.
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J Street Begins Construction on Dupont Circle Condo Project – John Marshall Bank provided a construction loan for The Pacifica. No further financial information on the loan or the cost of the project was released. “J Street is excited to start the process of.
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