What kind of loan is right for you? Even though it may seem obvious, this question does not always have a clear answer and the subject often is misunderstood by potential borrowers. It’s important to understand that these loans have unique characteristics and the lending options that are available for you will depend on factors like your personal situation, the type of property you are buying, your level of preparation and your timing for building a home. This article will provide an overview of (a) Lot and Land Loans, and (b) Home Construction Loans, to help you consider what fits your needs