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Yes, you can finance new construction

May 27th, 2008

Please don’t think that a Mortgage SA firm is just interested in financing home loans for existing homes — nothing could be further from the truth. In fact, these companies are also greatly interested in financing new construction efforts. For example, a great source of funding for these projects is the ABSA Building Loan program. Funding new construction efforts is important in community development, because the construction of new homes expands the tax base for government revenue, improves the appearance of neighborhoods, and also provides needed employment in construction and other related industries. So if you are having difficulty in locating the home of your dreams — why not think about building something new? It could just be your best option.

Entry Filed under: Business