{"id":29823,"date":"2022-02-04T17:47:13","date_gmt":"2022-02-04T17:47:13","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/?p=29823"},"modified":"2022-02-04T17:53:59","modified_gmt":"2022-02-04T17:53:59","slug":"shop-around-for-construction-loans","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/shop-around-for-construction-loans\/","title":{"rendered":"Shop Around For Construction Loans"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"29829\" data-permalink=\"https:\/\/amazingproperty.com.ng\/blog\/shop-around-for-construction-loans\/construction-loans\/\" data-orig-file=\"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/02\/construction-loans.jpg?fit=261%2C147&amp;ssl=1\" data-orig-size=\"261,147\" data-comments-opened=\"0\" data-image-title=\"construction loans\" data-image-description=\"&lt;p&gt;construction loans&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;construction loans&lt;\/p&gt;\n\" data-large-file=\"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/02\/construction-loans.jpg?fit=261%2C147&amp;ssl=1\" class=\"size-full wp-image-29829 aligncenter\" src=\"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/02\/construction-loans.jpg?resize=261%2C147&#038;ssl=1\" alt=\"construction loans\" width=\"261\" height=\"147\" srcset=\"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/02\/construction-loans.jpg?w=261&amp;ssl=1 261w, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/02\/construction-loans.jpg?resize=200%2C113&amp;ssl=1 200w\" sizes=\"auto, (max-width: 261px) 100vw, 261px\" \/><\/p>\n<h2>Construction loans allow you to borrow money.<\/h2>\n<p>Many <a href=\"https:\/\/amazingproperty.com.ng\/blog\/construction-loans-for-commercial-and-residential-builders\/\">lenders<\/a> are more than happy to lend you money for a lucrative project, because it means profitable business for them too. <a class=\"thirstylink\" title=\"Loans for Real Estate Investors\" href=\"https:\/\/amazingproperty.com.ng\/blog\/recommends\/loans-for-real-estate-investors\/\">Construction loans<\/a> are the backbone of many <a href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-preapproval-guide-for-home-buyers\/\">mortgage<\/a> company portfolios, and if you own a vacant lot that has market value, lenders will normally lend you money based on the collateral of the vacant lot. You get cash to build a new house, and after you sell the completed project you can pay back the <a href=\"https:\/\/amazingproperty.com.ng\/blog\/fast-flexible-real-estate-loans-usa\/\">loan<\/a> and pocket the profits.<\/p>\n<p>Other <a class=\"thirstylink\" title=\"Loans for Real Estate Investors\" href=\"https:\/\/amazingproperty.com.ng\/blog\/recommends\/loans-for-real-estate-investors\/\"><strong>construction loans<\/strong><\/a> allow you to <a href=\"https:\/\/amazingproperty.com.ng\/blog\/borrow-money-for-real-estate-investing\/\">borrow money<\/a> from the builder&#8217;s own sources, in the same way that you might borrow money from an auto dealer to pay for the car you buy from them. Construction companies with their own mortgage sources may charge you higher interest rates, however, than conventional lenders.<\/p>\n<p>Shop around for <a class=\"thirstylink\" title=\"Loans for Real Estate Investors\" href=\"https:\/\/amazingproperty.com.ng\/blog\/recommends\/loans-for-real-estate-investors\/\">construction loans<\/a>. More often than not, deciding on a builder and the best source of <a href=\"https:\/\/amazingproperty.com.ng\/blog\/get-quick-loan-for-real-estate-investment\/\">funds<\/a> will take longer than it actually takes to build the house, but it is time well spent. A few interest rate points can make a difference of thousands, or hundreds of thousands of dollars.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Construction loans allow you to borrow money. Many lenders are more than happy to lend you &hellip; <a title=\"Shop Around For Construction Loans\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/shop-around-for-construction-loans\/\"><span class=\"screen-reader-text\">Shop Around For Construction Loans<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":29829,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[724],"tags":[4751,1403,2890,5287,5255,5256,5257,5258,5259,5260,5261,5262,5263,5264,5265,5266,5267,5268,5269,5277,5278,5279,5280,5281,5282,5270,5283,5284,5285,5286,5271,5272,5273,5274,5275,5276,617,1329,604,408,41,818],"class_list":["post-29823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage","tag-amazing","tag-buy","tag-construction","tag-construction-loan","tag-construction-loans","tag-construction-loans-alabama","tag-construction-loans-and-how-they-work","tag-construction-loans-arizona","tag-construction-loans-arkansas","tag-construction-loans-california","tag-construction-loans-california-rates","tag-construction-loans-canada","tag-construction-loans-chicago","tag-construction-loans-colorado","tag-construction-loans-connecticut","tag-construction-loans-east-tennessee","tag-construction-loans-explained","tag-construction-loans-idaho","tag-construction-loans-illinois","tag-construction-loans-interest-rates","tag-construction-loans-michigan","tag-construction-loans-near-me","tag-construction-loans-rates-pa","tag-construction-loans-rates-today","tag-construction-loans-rbc","tag-construction-loans-san-diego","tag-construction-loans-san-jose","tag-construction-loans-south-carolina","tag-construction-loans-sussex-county-delaware","tag-construction-loans-texas","tag-construction-loans-us-bank","tag-construction-loans-usa","tag-construction-loans-usaa","tag-construction-loans-using-land-as-collateral","tag-construction-loans-utah","tag-construction-loans-washington-state","tag-house","tag-loan","tag-loans","tag-mortgage","tag-property","tag-real"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":126940,"url":"https:\/\/amazingproperty.com.ng\/blog\/construction-loans-for-commercial-and-residential-builders\/","url_meta":{"origin":29823,"position":0},"title":"Construction Loans For Commercial And Residential Builders","author":"Amazing Property","date":"May 15, 2024","format":false,"excerpt":"How to Secure Construction Loans for Commercial and Residential Builders. Construction loans are a crucial part of the building process for both commercial and residential builders. These loans provide the necessary funds to cover the costs of materials, labor, and other expenses associated with constructing a new building. However, securing\u2026","rel":"","context":"In &quot;Building And Materials&quot;","block_context":{"text":"Building And Materials","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/building-and-materials\/"},"img":{"alt_text":"Construction loans","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2024\/05\/construction-loans.jpg?fit=640%2C481&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2024\/05\/construction-loans.jpg?fit=640%2C481&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2024\/05\/construction-loans.jpg?fit=640%2C481&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":13876,"url":"https:\/\/amazingproperty.com.ng\/blog\/get-quick-loan-for-real-estate-investment\/","url_meta":{"origin":29823,"position":1},"title":"Get Quick Loan For Real estate Investment","author":"Amazing Property","date":"September 14, 2021","format":false,"excerpt":"Get Loan For Real estate investment, long and short term loans. Get\u00a0 Funds for real estate \u00a0investors who want to fix and flip, refinance, do ground up construction or those that have rental property. This company built a data driven underwriting process that can get borrowers conditionally approved online in\u2026","rel":"","context":"In &quot;Loan&quot;","block_context":{"text":"Loan","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/loan\/"},"img":{"alt_text":"real estate loan","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/09\/real-estate-loan.jpg?fit=1024%2C576&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/09\/real-estate-loan.jpg?fit=1024%2C576&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/09\/real-estate-loan.jpg?fit=1024%2C576&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/09\/real-estate-loan.jpg?fit=1024%2C576&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":127177,"url":"https:\/\/amazingproperty.com.ng\/blog\/get-a-private-money-loans-for-renovations\/","url_meta":{"origin":29823,"position":2},"title":"Get A Private Money Loans for Renovations","author":"Amazing Property","date":"June 10, 2024","format":false,"excerpt":"Loans for Renovations: Understanding Private Construction Loans Private construction loans offer a streamlined path to funding, especially for those looking to start renovations quickly. These loans for renovations prioritize speed and flexibility, making them an attractive option for many developers. Loans for Renovations amounts typically range from $200,000 to $50\u2026","rel":"","context":"In &quot;Loan&quot;","block_context":{"text":"Loan","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/loan\/"},"img":{"alt_text":"Loans for Renovations","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/private-construction-loan.jpeg?fit=1200%2C686&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/private-construction-loan.jpeg?fit=1200%2C686&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/private-construction-loan.jpeg?fit=1200%2C686&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/private-construction-loan.jpeg?fit=1200%2C686&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/private-construction-loan.jpeg?fit=1200%2C686&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":130342,"url":"https:\/\/amazingproperty.com.ng\/blog\/real-estate-business-loans-get-funds-fast\/","url_meta":{"origin":29823,"position":3},"title":"Real Estate Business Loans: Get Funds Fast !","author":"Amazing Property","date":"March 9, 2026","format":false,"excerpt":"Secure Your Real Estate Business Loans Today! Are you a real estate investor looking to expand your business but struggling to secure the necessary funds? Real estate business loans might be the solution you need to take your ventures to the next level. In this article, we will explore the\u2026","rel":"","context":"In &quot;Loan&quot;","block_context":{"text":"Loan","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/loan\/"},"img":{"alt_text":"Real estate business loans","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2026\/03\/Real-estate-business-loans.jpeg?fit=1080%2C607&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2026\/03\/Real-estate-business-loans.jpeg?fit=1080%2C607&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2026\/03\/Real-estate-business-loans.jpeg?fit=1080%2C607&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2026\/03\/Real-estate-business-loans.jpeg?fit=1080%2C607&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2026\/03\/Real-estate-business-loans.jpeg?fit=1080%2C607&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":131722,"url":"https:\/\/amazingproperty.com.ng\/blog\/real-estate-loans\/","url_meta":{"origin":29823,"position":4},"title":"Real Estate Loans","author":"Amazing Property","date":"September 26, 2026","format":false,"excerpt":"Flexible Real Estate Loans Designed to fit Your Needs. For anyone looking to invest in real estate, securing the right financing is key. Real estate financiers\u00a0offer a flexible and convenient way to fund your property purchase. In this article, we will explore the top options available in the market that\u2026","rel":"","context":"In &quot;Home Financing&quot;","block_context":{"text":"Home Financing","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/home-financing\/"},"img":{"alt_text":"Real Estate Loans","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2026\/09\/Real-Estate-Loans-.jpg?fit=640%2C426&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2026\/09\/Real-Estate-Loans-.jpg?fit=640%2C426&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2026\/09\/Real-Estate-Loans-.jpg?fit=640%2C426&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":130355,"url":"https:\/\/amazingproperty.com.ng\/blog\/commercial-real-estate-loans-get-funds-now\/","url_meta":{"origin":29823,"position":5},"title":"Commercial Real Estate Loans: Get Funds Now !","author":"Amazing Property","date":"March 12, 2026","format":false,"excerpt":"Fast, Flexible Commercial Real Estate Loans for Your Next CRE Investment . If you are looking to invest in commercial real estate or expand your business, getting a commercial real estate loan can be a great way to secure the funding you need. Commercial real estate loans are specially designed\u2026","rel":"","context":"In &quot;Home Financing&quot;","block_context":{"text":"Home Financing","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/home-financing\/"},"img":{"alt_text":"Commercial real estate loans","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2026\/03\/Commercial-real-estate-loans.jpeg?fit=1080%2C912&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2026\/03\/Commercial-real-estate-loans.jpeg?fit=1080%2C912&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2026\/03\/Commercial-real-estate-loans.jpeg?fit=1080%2C912&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2026\/03\/Commercial-real-estate-loans.jpeg?fit=1080%2C912&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2026\/03\/Commercial-real-estate-loans.jpeg?fit=1080%2C912&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/02\/construction-loans.jpg?fit=261%2C147&ssl=1","_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/29823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=29823"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/29823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/29829"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=29823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=29823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=29823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}