Construction Loan
CFPB
Updated 08-20-2026
Construction Loan
A construction loan is usually a short-term loan that provides funds to cover the cost of building or rehabilitating a home. Read more (cfpb.gov/askcfpb/108)
CFPB Mortgage Terms
CFPB · pp. 2–5
California Department of Real Estate
Updated 08-20-2026
Construction Loan
INTERMEDIATION — The process of pooling and supplying funds for investment by financial institutions called intermediaries. The process is dependent on individual savers placing their funds with these institutions and foregoing opportunities to directly invest in the investments selected. INTERPLEADER — A court proceeding initiated by the stakeholder of property who claims no proprietary interest in it for the purpose of deciding who among claimants is legally entitled to the property. INTERVAL OWNERSHIP — A form of timeshare ownership.
California Department of Real Estate Glossary
California Department of Real Estate · p. 19
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