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Dan Peck headshot

Dan Peck

Branch Leader
Movement Mortgage
NMLS ID # 174968

Mortgage Sense

understanding construction loans

March 17, 2020

Understanding Construction Loans 

If you're thinking of building your dream house, consider that you'll likely need a construction loan. This article helps explain what a construction loan is, construction loan timelines, how these types of loans work and how to approach financing for contractors.

Dan Peck headshot
Dan Peck
Branch Leader
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11255 Kirkland Way suite 110, Kirkland, WA 98033
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NMLS # 174968

State License #AL-78397, AK-AK174968, AZ-1006555, AR-123587, CA Licensed by DFPI under the CRMLA-CA-DFPI-DBO174968, CO-100522979, CT-LO-174968, DE-MLO-174968, DC-MLO174968, FL-LO73384, GA-174968, HI-HI-174968, ID-MLO-2080174968, IL-031.0062296, IN-DFI-46657, IA-45065, KS-LO.0043482, KY-MC748498, LA, ME, MD-174968, MA-MLO174968, MI-174968, MN-MLO-174968, MO-174968, MT-174968, NE, NJ-licensed by the N.J. Department of Banking and Insurance, NH, NM, NC-I-196451, ND-NDMLO174968, NY-"Licensed Mortgage Banker-NYS Department of Financial Services", OH-MLO-OH.174968, OK-MLO21645, OR, PA-81070, SC-BFI-MLO - 174968, SD-174968.MLO, TN-225000, TX-SML, VT-MLO-174968, VA-MLO-52016VA, WA-MLO-174968, WI-174968, WY-101816