A way to defer construction interest…

Construction loans are interest only, accruing interest as you draw out the funds. Thus back-ending your draws is a good idea, but also considering using someone else’s money!  That is consider the following offers (subject to terms/conditions):

    Lowe’s

  •  
    • your first in-store purchase with a new Lowe’s card, you can take 10% off!  Limit up to $5000.
    •  ZERO payments and interest for 6 months on appliances ($299 or more).

    Home Depot:

  •  
    • 6 months no payments/interest on any purchase of $299 or more
    • 12 months no payments/interest on select Trane Heating/Air Conditioning purchases of $299 or more.
    • 12 months no payments/interest on any installed Kitchen Cabinet purchase of $3000 or more.
    • 12 months no payments/interst on any installed wood, laminate, tile or vinyl flooring purchase of $299 or more.

You can then pay off the accounts at the end of your construction term with your construction funds.

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