Close

See current mortgage rates on Zillow Mortgage Marketplace

Profile picture for user7033135

Refinancing into a Construction Loan?

Is it possible to refinance a conventional 30-yr fixed rate mortgage into a construction (or construction-to-permanent) loan for the purpose of financing new construction on an already owned lot?
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
June 17 2013 - Arlington
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (1)

Your loan would be paid off with the new construction loan. Loan to value probably needs to be at 75% or less. Hope this helps!
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
June 17 2013
 
Related Questions
Who sees the bank's appraisal after it's done? Does the county use the info? I live in Arlington, VA
Profile picture for Brent McSpadden
Latest answer by Brent McSpadden
August 19 2013 | 3 answers
  • Asked by user49339843
  • In Refinance
  • August 14 2013
What can I do to get more (or better) quotes for my loan request ZR-MXNQYTD?
Profile picture for Scott Frasetto
Latest answer by Scott Frasetto
July 30 2013 | 5 answers
  • Asked by user2849531
  • In Refinance
  • July 25 2013
Refinancing into a Construction Loan?
Profile picture for Paul McFadden
Latest answer by Paul McFadden
June 17 2013 | 1 answers
  • Asked by user7033135
  • In Refinance
  • June 17 2013
Refinance through HARP on a rental property?
Profile picture for Melvin List
Latest answer by Melvin List
December 07 2012 | 2 answers
  • Asked by user46730683
  • In Refinance
  • December 06 2012
What kind of rates and payments can I get with HARP vs regular refi? Can I refi?
Profile picture for James Ryan
Latest answer by James Ryan
October 21 2012 | 9 answers
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 1025 Cecil Pl NW, Washington, DC Home For Sale
    1025 Cecil Pl NW, Washington, DC 20007

     For Sale: $724,900

    • Beds: 2
    • Sqft: 864
    • Baths: 1.5
    • Lot: 553
  2. 1530 Key Blvd APT 808, Arlington, VA Home For Sale
    1530 Key Blvd APT 808, Arlington, VA 22209

     For Sale: $599,000

    • Beds: 1
    • Sqft: 1125
    • Baths: 1.5
    • Lot: --
  3. 1451 Park Rd NW APT 210, Washington, DC Home For Sale
    1451 Park Rd NW APT 210, Washington, DC 20010

     For Sale: $319,900

    • Beds: 1
    • Sqft: 623
    • Baths: 1.0
    • Lot: --