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Construction loans are a completely different animal. You're getting part of the money up-front before a single board is nailed down. It makes sense that they
by joezydeco 7y ago
Construction loans are a completely different animal. You're getting part of the money up-front before a single board is nailed down. It makes sense that they will monitor progress and costs.
- mgkimsal 7y agomonitoring after the close still struck me as a bit... odd, but not out of the realm of possibilities, I'd guess.