If you apply for a construction loan and you've done all the paperwork, they've sent
a letter with a good faith estimate, asked for a deposit, and set a closing date, does that mean everything is good to go? Or are there still possibilities of it not working out?
I'm not a banker...actually, a real estate attorney...but I'm certain that the actions that you have taken are no guarantee that the loan will be made. Talk to your banker about the process and what pitfalls you may be confronted with.
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