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What is Stage Funding?
With a stage funding construction loan, the borrower only pays interest on the amount of money already disbursed. This means the borrower doesn't pay...
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With a stage funding construction loan, the borrower only pays interest on the amount of money already disbursed. This means the borrower doesn't pay...
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Dutch interest is a method that charges interest on the entire construction loan amount, even if only a portion has been disbursed to the borrower....