What is another word for Construction Loan?
Pronunciation: [kənstɹˈʌkʃən lˈə͡ʊn] (IPA) 
A construction loan is a type of financing used to pay for the construction of a new building or for the renovation or expansion of an existing one. There are several synonyms for the term "construction loan," including building finance, property development loan, and project finance. Other similar terms include construction mortgage, construction financing, and construction-to-permanent loan. These synonyms all refer to loans that are specifically designed to help fund the construction of a building or property. Depending on the specific lender and the borrower's needs, the term "construction loan" may be used interchangeably with these other synonyms.
