Log home construction loans

The approved amounts range from $50,000- $350,000 and sometimes higher if multiple houses are being constructed. A log home construction loan is dispersed in increments periodically either based on time or work completed directly to the contractor. There are long and short term log home construction loans to meet individual needs. In order for a draw check to be earned, an invoice must be mailed to the appropriate servicing department. A two party check will be sent to the borrower, requiring both their signature and the signature of the contractor.