Considerations
n order to qualify for a construction loan, there are several requirements that must be met, including:
– The signed building contract with a licensed builder must be for a fixed-price
– Must provide copy of builder’s Insurance Policy
– The building plans must be approved by the appropriate council and stamped
Kiwi Financial Solutions can discuss your loan options and present you with the options we feel would be best for your circumstances. If you are uncertain about the above considerations, we would also suggest that you seek expert professional advice.
