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Home Loans | Mortgages for Rural Houses | AgSouth Farm Credit – Your rate won’t go up even if interest rates rise during construction; If it drops, you can lower your rate; The construction loan is converted into a permanent mortgage after the contractor finishes building the home. The permanent mortgage is like any other mortgage. You can choose a fixed-rate or an adjustable-rate loan and specify the loan’s term, typically 15 or 30 years.
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Loan Program – City of Winston-Salem – All loans are subject to availability of funds.. The Small Business Center, Forsyth Technical Community College, 525 Vine St, Winston-Salem, NC. Construction companies working on projects funded through this program are required to.
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