Holdbacks are used by construction lenders to be sure that a developer has met all of his or her obligations before all of the funds from the construction loan are given to the developer.
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Q7: Even after obtaining permanent financing,a developer still
Q8: In general,developers must get a construction loan
Q9: Which of the following is the usual
Q10: Q11: A permanent take-out commitment is: Q13: A bullet loan is a construction loan Q14: Lenders typically finance the development of a Q15: One of the risks of project development Q16: Permanent financing commitments usually allow the lender Q17: Generally,as the cost of a site increases,so
A)A way to
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