Chapter 8. Construction Loans and Credit

  1. Daniel W. Halpin1,
  2. Bolivar A. Senior2

Published Online: 25 AUG 2009

DOI: 10.1002/9780470548813.ch8

Book Title

Financial Management and Accounting Fundamentals for Construction

Financial Management and Accounting Fundamentals for Construction

Additional Information

How to Cite

Halpin, D. W. and Senior, B. A. (2009) Construction Loans and Credit, in Financial Management and Accounting Fundamentals for Construction, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9780470548813.ch8

Author Information

  1. 1

    Purdue University

  2. 2

    Colorado State University

Publication History

  1. Published Online: 25 AUG 2009
  2. Published Print: 2 SEP 2009

ISBN Information

Print ISBN: 9780470182710

Online ISBN: 9780470548813

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CHAPTER TOOLS

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Keywords:

  • amount;
  • mortgage;
  • compensating;
  • requirement;
  • collaterals

Summary

This chapter contains sections titled:

  • Introduction

  • The Construction Financing Process

  • A Sample Developmental Project

  • The Amount of the Loan

  • How Is the Cap Rate Determined?

  • Mortgage Loan Commitment

  • Construction Loan

  • Commercial Lenders

  • Lines of Credit

  • Interest Paid on Outstanding Balance

  • Commitment Fees

  • Compensating Balances

  • Clean-Up Requirement

  • Collaterals

  • Accounts Receivable Financing

  • Trade Credits

  • Long Term Financing

  • Loans with End-of-Term Balloon Payments

  • Review Questions and Exercises

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