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re: Can someone help me understand how construction loans work?
Posted on 4/4/24 at 7:42 am to Random MsState Fan
Posted on 4/4/24 at 7:42 am to Random MsState Fan
What would his payments to the bank look like?
Using the above figures, will he be paying interest from day 1 of the loan on $153K (even though he hasn’t received that amount yet)?
Using the above figures, will he be paying interest from day 1 of the loan on $153K (even though he hasn’t received that amount yet)?
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