3. Weigh the pros and you may Drawbacks from Home Guarantee Fund Threat of property foreclosure: You to extremely important downside of property equity mortgage is the fact they leaves your residence on the line 3. Lower Down Payment Requirements: Construction loans often have lower down payment requirements compared to traditional mortgages or home equity loans. While conventional mortgages typically require a down payment of 20% or more, some construction loans may only require 10% or even less. This straight […]