Buying land can open potential for business, investment or building a home, but lenders typically don’t offer traditional mortgages for land without a valuable structure on it such as a home.

Construction loans may cover the costs of buying land, drafting plans, taking out permits and paying for labor and materials. You also can use a construction loan to access contingency reserves—if ...

Learn how construction interest expense impacts your finances, featuring definitions, examples, and tax implications for construction loans and long-term business assets.

If you’re looking to buy a home, you’re probably well aware that the housing supply is limited and prices are high across much of the country. The American housing market has been affected by a ...

Construction loans fund new builds; borrowers pay interest only on funds drawn. Two loan types: standalone (pay on completion) and construction-to-permanent (converts to mortgage). Alternatives ...