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What is a Construction Loan? This specialised loan type is specifically designed to support construction projects. Instead of receiving the full loan amount upfront, funds are released gradually in line with project milestones. During the construction period, you usually only need to pay the interest on the loan. Once your project reaches completion, the loan structure switches to include principal payments along with the interest, allowing you to manage your finances more effectively. #jeanclark #bayleyswhanganui #bayleysnz #altogetherbetter #realestateagent #realestate #whanganuirealestate #manawaturealestate #property #whanganui #lifestyle #lifestyleproperty

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