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re: 10/1 7/1 5/1 ARM Question Concerning Construction/Mortgage

Posted on 5/30/14 at 12:23 pm to
Posted by Chris4x4gill2
North Alabama
Member since Nov 2008
3092 posts
Posted on 5/30/14 at 12:23 pm to
so the ARM is your construction loan?
Posted by BeerMoney
Baton Rouge
Member since Jul 2012
8392 posts
Posted on 5/30/14 at 7:35 pm to
quote:

so the ARM is your construction loan?

Yeah it's a one time close loan. You build and at the end of the construction it's modified.

I plan on shopping some other options. Any suggestions would be appreciated.
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