Construction loans are short-term, interest-only loans used to build on undeveloped land. Qualification for FHA construction loans requires a 3.5% to 10% downpayment and a credit score of 500+.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Lincoln’s TierOne Bank has yet to release third-quarter earnings, but the company on Friday warned of a potential problem related to Florida real estate loans. In a filing with the Securities and ...