Dictionary.com
Thesaurus.com

construction loan

American  

noun

Finance.
  1. a short-term loan to finance the building phase of a real-estate project.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

That wouldn’t produce enough revenue to support a conventional construction loan, even in the more favorable environment of 2022.

From Los Angeles Times ● Jul. 23, 2024

The complaint says McNeal made four draws against the construction loan, provided vague or false descriptions about the purposes for the money and failed to provide supporting documentation requested by Paylor.

From Seattle Times ● May 25, 2024

Koch sees an “openness” to providing less traditional support, such as construction loan guarantees and direct investments in affordable housing.

From Los Angeles Times ● Dec. 14, 2023

A Trepp study of 4,760 banks' public regulatory data published late Tuesday found that 763 have either a CRE or construction loan concentration ratio that exceeded these thresholds.

From Reuters ● May 17, 2023

Daniel Klein, president of Klein Enterprises, a commercial real estate management firm based in Maryland, had been talking to several banks recently about a construction loan for a new project.

From New York Times ● Mar. 22, 2023

Random Word

Spin the wheel and learn a new word!

Get a word

Vocabulary.com logo
by dictionary.com

Dictionary.com's Learning Companion

Go beyond just looking up words.
Remember them forever with VocabTrainer.

Start training