Being Your Own Construction Lender

So you want to do that addition. And you get a big, cash out mortgage so now you have all the money you need! You have the architectural plans for which you paid dearly! You’re all set!

Or are you? Do you have any idea how to really handle the money involved in the step-by-step construction of your most valuable possession, including safeguarding the collateral itself?

Do you know how to hold the builder accountable? Do you know how to force the builder’s hand as needed? Do you know how to handle the city? The county?

Well, you have the money - so you have the power. Now, just learn how to use it.

See below for mortgage credits earned with this purchase.