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("Terra Firma" or the “Company”), is pleased to announce the closing of a first mortgage loan (the “Loan”) totaling US$24.4 million secured by a 422 acre site to be developed into 1,555 lots in the.
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Since the construction loan will eventually be refinanced into a home mortgage loan, the type of loan (VA, FHA, or Conventional) will also affect the requirements. All Texas home builders must have.
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