
A construction loan (also called a home construction loan`` in the United States and self-build mortgage`` in the United Kingdom) is any value added loan where the proceeds are used to finance construction of some kind. In the United States Financial Services industry, however, a construction loan is a more specific type of loan, designed for ...
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http://en.wikipedia.org/wiki/Construction_loan

A loan provided by a lending institution specifically to construct or renovate a building.
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http://www.encyclo.co.uk/local/20933

A loan provided by a lending institution specifically to construct or renovate a building.
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http://www.encyclo.co.uk/local/21074

A short-term, interim loan for financing the cost of construction. The lender makes payments to the builder at periodic intervals as the work progresses.
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http://www.encyclo.co.uk/local/21398

Also called the Gordon-Shapiro model, an application of the dividend discount model that assumes (1)
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http://www.encyclo.co.uk/local/22402

a short-term loan given to a builder during intervals of the building process which is due upon completion of the project.
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http://www.thetruthaboutmortgage.com/mortgage-dictionary/

Short term financing of real estate construction. Generally followed by the long term financing called a "take out" loan, issued upon completion of improvements.
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https://www.encyclo.co.uk/local/21390

A short-term, interim loan for financing the cost of construction. The lender makes payments to the builder at periodic intervals as the work progresses.
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https://www.encyclo.co.uk/local/21405

a short-term, to finance the cost of building a new home. The lender pays the builder based on milestones accomplished during the building process. For example, once a sub-contractor pours the foundation and it is approved by inspectors the lender will pay for their service.
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https://www.encyclo.co.uk/local/21674

a short-term loan to finance the building phase of a real-estate project.
Found on
https://www.infoplease.com/dictionary/construction-loan
No exact match found.