Contractor
When choosing a contractor or a contracting company or firm to build a new home for you and your family you want to make sure that you are using someone who is top of the line. General contractors often start out as construction workers While gaining work experience, they learn about different aspects of construction, including masonry , carpentry , framing , and plumbing Aspiring general contractors communicate with subcontractors and may learn the management skills they need to run their own company.
However, if you do have to pay interest during your construction loan period, you will only be paying interest on the amount that you have currently drawn on. For instance, if you have just closed, you are only paying interest on the amount that was paid by the bank for the land.
The bank said it started engaging contractors and relevant agencies on this issue in the …