Feb 10, 2015

Florida Credit Union

It’s incredibly exhausting to research financing for these types of projects. Since most banks don’t specialize in construction projects, all of the information is usually buried on their sites. We lucked out a bit and realized our good friend from college Ryan actually works at a credit union that has the ability finance construction projects.

We asked them for a bit of information about some of their policies:

  • They require approved contractors to work on the project.
  • What is the minimum for getting a land loan?
  • How does the appraisal process work for this bank?
Posted in Land stage