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The Work of Art and The Art of Work Kiko Denzer on Art |
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Construction Loans for Cobartist at canada.com artist at canada.comTue Feb 23 23:04:55 CST 1999
Can anyone offer a thumbnail of their (successful) application process to a bank for a construction loan on a cob structure just outside an urban centre? We're located here in British Columbia, Canada, and would seek to build on some acreage within an hour of Vancouver. 1. Are there any banks who would make a "package" loan on a land/cob-house combination for purpose of principal residence, or does the land always have to be purchased for cash first? 2. Given our present inexperience as cob-builders (we would have yet to take some course(s) on cob-building), are there any sources where we could obtain the sort of building plans that a bank would typically accept as adequate for lending purposes? - Peter Sugden
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