| The MPS
Advantage Construction loan can also accommodate every combination of
construction involving currently owned properties.
Refinances that
involve additions, remodels, combinations thereof, redecorating,
landscaping or complete demolition and rebuilding can be accomplished
through the Advantage Construction loan.
This actually
allows the client to get three loans in one. In one transaction, with
one set of closing costs, the client can refinance their current
mortgage, get interim construction funds and get a permanent mortgage
following construction. This amounts to huge savings for the borrower.
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