In particular we focus on getting the loan structure right the first time, choosing which lenders to use in the right order (yes this is important) and finally getting our clients the best deal possible.
They are higher due to the lender finding it difficult to value the property due to future changes that may occur to the neighbourhood or the builder does not execute the building correctly. Construction loans typically have a higher interest rate than standard home loans. Their interest rates tend to be higher because your lender doesn't have an actual asset to secure the loan, just an asset that's expected to exist.
