· Most lenders have a minimum down payment they will allow for a construction loan, but this amount varies by lender. As a general rule, 20% is the minimum, but there are lenders that will provide exceptions to that rule. Typically, the higher down payment you put down, the less risk you pose to the lender, so the lower your interest rate will be.
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Construction Interest Expense: Any interest that is paid during the construction phase of a building or other tangible property. The interest may be incurred directly as the result of a.
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