allan
Date: Wed, 01/12/2011 - 03:40
Jp Morgan Chase funded a loan on new constuction and I was locked out of it for 9 months. My aduit revealed no bank is this country would fund a loan without a certificate of occupancy. Help me.
You can get a construction loan in order to build a property. Th
You can get a construction loan in order to build a property. The construction loan will assist you in building the property in full. Once the house/property is build, you will have to refinance the existing construction loan into a normal conventional or FHA loan.
You've mentioned that Jp Morgan Chase funded the loan. If you wish to refinance it into a normal conventional loan, then you can contact Jp Morgan Chase for the same and check out if they can help you in this matter.