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Build to Perm Loans?

Hey Friends -

I just took a look at some pieces of land to build my next primary residence on.

I previously bought a new home direct from a builder that also owned the land - but this structure is going to be different.

The land is owned by a real estate investor & there is a building partner that will build the home.

This requires a build to perm loan? Wanted to see if the community could help me know what to look out for when I call my mortgage broker?

Thanks!

submitted by /u/Targi3
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/ova74s/build_to_perm_loans/
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