Question 1

Can I use equity in an existing property as a deposit for a construction loan?

dev · Accepted Answer

As long as you have enough equity to meet the deposit requirements of the construction loan - which can be 20% or even more - you can use this equity to obtain a construction loan.

Question 2

Can I use equity in an existing property as a deposit for a construction loan?

dev · Accepted Answer

As long as you have enough equity to meet the deposit requirements of the construction loan - which can be 20% or even more - you can use this equity to obtain a construction loan.

Question 3

Can I use equity in an existing property as a deposit for a construction loan?

dev · Accepted Answer

As long as you have enough equity to meet the deposit requirements of the construction loan - which can be 20% or even more - you can use this equity to obtain a construction loan.