When should I order a commitment for a construction loan?
Question
When should I order a commitment for a construction loan?
Answer
We offer construction loan policies for $150. This rate is afforded to builders for financing during the construction of a single-family or duplex dwelling. The policy is effective during the term of construction and for a reasonable period of time thereafter to allow for refinance or resale of the property. This policy does not include Mechanic's Lien coverage.