Home Construction Loan

In many industries, one of the most important aspects of building your business and reputation revolves around the professional relationships you establish over the years. This is very true for contractors who are leading large scale projects using construction loans. When you were a small, independent contractor, you spent hours finding the perfect electrical team to bring to each project. Or per…Read More

As a contractor, it can be difficult to work on poorly managed construction loan projects. Whether due to inexperience, poor budgeting, or lack of involvement, a project can quickly go awry and a contractor can be under water fast. But knowing that a lender is working with a risk management firm and funds distributor can help put any contractor’s mind at ease. Consider these additional reasons t…Read More

Any real estate investment has its risks, but as a lender, those investments have to be a pretty sure bet in order to move forward. With construction lending, there are many places in the construction process where problems can arise, bringing the project to a screeching hault. When you’ve invested money into a project of that scale, it’s unacceptable to let it fail due to problems that could …Read More

Being a contractor working on a project backed by a construction loan can have some great benefits; there can also be some difficult struggles along the way as well depending how your employer chooses to manage their project and funds. Working on projects that are managed by Granite Companies can help to reduce the risk to contractors as well as lenders. Consider the following benefits to working …Read More

A construction lending process needs to be concise and accurate when it comes to planning, development, budget, and the implementation. Due to the high costs associated with a construction project, it’s important to be on top of the project from start to finish. This includes having a very clear and detailed budget early on. Granite Companies can help your construction lending project make an …Read More

When you plan a construction project, you lay out all the different variables and timelines before the project begins. You then proceed to procure the money in order to implement the project. After construction has begun, vendors must be paid and deadlines met. When the project finally reaches completion, it’s important and often necessary to look back and make sure that every penny is accounted…Read More

Working in the construction lending business, we know how important your project is to you and how important it is that your project succeeds. Finding a construction loan management firm that can work with you effectively from the start of your project, all the way to the end can be tough. When choosing a company for your construction lending management needs and risk mitigation, there is one thin…Read More

You’ve decided to build your own dream home rather than buy an existing structure. You need to acquire land, find a builder, develop a plan, and secure funding for construction. Do you need a mortgage? A traditional loan? Home construction loans exist to help you build the home of your dreams. They’re distinctly different from mortgages, but those differences can be confusing. Key Differences …Read More