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My husband and I are considering building our own home. We have gone to the bank and know the basics of the loan itself but we were wondering what is covered under a construction loan. Are we able to buy things to finish the house such as appliances (stove, refrigerator, etc.) or does that have to be bought on our own? Can we buy furniture? I’m sure that this may depend on the banks rules but maybe someone could give us some idea of what we are getting into. Any help would be appreciated!
Thanks!

 

Can they find out if/where I’m working and the length of time that I’ve been working there? Would they be able to know how much I’m making? Can they check the balance in my bank account? The reason that I ask is that I’m thinking about accepting a job position, but the rules and regulations [...]

 

How long does it take and what procedures does one who is being foreclosed on have to go through to get back in the game of buying necessities and downsizing to an older vehicle and finding an apartment and the like? We have had record foreclosures and I think their funds are tied up in [...]

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