Like a regular construction loan, you will make only interest payments during construction. However, instead of asking you to pay the balance of the construction loan after your home is complete, the lender will automatically convert the loan to a standard mortgage, and you will begin paying both principal and interest each month.
Manhattan, Kansas is GMT/UTC - 6h during Standard Time Manhattan, Kansas is GMT/UTC - 5h during Daylight Saving Time.anhattan, Kansas is GMT/UTC - 6h during Standard Time Manhattan, Kansas is GMT/UTC - 5h during Daylight Saving Time.
Current local time in Jersey City, hudson County, New Jersey, Eastern Time Zone - daylight saving time change dates 2018 Local Time in Jersey City, NJ 3:40:52 AM, Thursday 18, January 2018 EST AM/PM 24 hours