An owner builder construction loan, just like any construction loan, will not have any mortgage insurance payments while you build. So, why is it then that mortgage insurance companies are having a huge impact on your ability as an owner builder to secure your loan? The answer lies within the banks’ rules for converting you to permanent financing once the home is built.

Even though an owner builder loan has no mortgage insuranc » Read more: Are Mortgage Insurance Companies Affecting Your Owner Builder Construction Loan?