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NEW JERSEY HOUSING AND MORTGAGE FINANCE AGENCY CONSTRUCTION ONLY FINANCING and CONSTRUCTION AND PERMANENT FINANCING (FRM) DOCUMENT Checklist Agency intends to provide financing for this project through
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Construction only financing is a type of loan that specifically provides funding for the construction phase of a project, rather than the purchase of a property.
Developers or contractors who are seeking funding for a construction project are required to file construction only financing.
To fill out construction only financing, applicants must provide detailed information about the project, including the cost, timeline, and expected outcomes.
The purpose of construction only financing is to provide funding for the construction phase of a project, ensuring that it can be completed on time and within budget.
Information such as the project cost, construction timeline, funding sources, and expected outcomes must be reported on construction only financing.
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