Читать книгу Building Your Custom Home For Dummies - Peter Economy - Страница 94
Cash reserves are required for construction loans
ОглавлениеBanks want you to have cash on hand before they give you a loan. The amount of required reserves varies from bank to bank (see Chapter 10 for specific details). If you’re short on the bank’s cash requirements, it won’t give you a construction loan — even with a paid-off lot.