Construction Loanz | California & Nationwide Construction Loans

May/10

6

Can I move a construction loan from a mortgage broker to another lender?

I am building a house & it is 85% done. My mortgage broker is withholding money from me to finish my house. He avoids my calls & when I do get a hold of him, he tells me he has no money to give me. Can I go to another lender & take this loan away from him?

Yes, you could refinance the whole deal with another lender. There are lenders that only deal with construction loans. You just need to find one in your area.

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1 comment

  • alterfemego · May 7, 2010 at 2:13 am

    Yes, you could refinance the whole deal with another lender. There are lenders that only deal with construction loans. You just need to find one in your area.
    References :

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