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Updated over 7 years ago on .
Financing construction project without an income?
We're looking at options for financing building a new home in the Seattle area.
Some points which may be helpful
- I'm not currently employed
- We own the property we are building on w/o any mortgage
- We also have about 450k of equity in our primary residence
My calls this week shopping for a HELOC all want income confirmation, so not looking like a good option.
What are your recommendations on financing a rebuild? We own the property outright and need financing on the construction.
Thanks!