Construction Loans - Bizarre- I was talking to Wells Fargo and they won't do a construction loan for land you live on.- However, if you don't live on the land they will. What is the risk difference?We live on a lot in a neighborhood where the tax assessment for the land is $480,000 for the land alone and we want to tear down our old home and build a new one. Wells Fargo suggested I check with a friendlier local bank (yes they said that). Do you know of any construction loan friendly Houston banks. I know one of them claims to be.Thanks,ScottJune 25 2012 - Houston00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.