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5 Construction Contract Mistakes Lenders Need to Know About

Robert B. Greene, PE, PG, CIH, LEED AP6 February, 2022 Robert B. Greene, PE, PG, CIH, LEED AP
Construction Loan Contract Signing meeting

Construction lending carries risks for financial institutions beyond the usual risks of most types of loans. Instead of issuing a loan against known assets or strictly on financial means and history, a construction loan is taken out against an asset that doesn’t exist yet, and that will be constructed under real-world conditions that often don’t…

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