Submitted by thebaerfetus t3_10dowfz in vermont
whys0brave t1_j4omhp2 wrote
Building requires a different type of loan product than buying a preexisting structure. You could get a mortgage with 5% down but to get a loan to build it requires minimum 30% down so it can be much more unacceptable plus you would likely have to pay to create a well system and a septic system. Large ticket items
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