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The Water Cooler
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Oklahoma Construction outlook?????
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<blockquote data-quote="jbarnett" data-source="post: 1353879" data-attributes="member: 5193"><p>I think a lot of the reason the residential construction has slowed is because of the restrictions banks are now under. They cannot give out high percentage loans, requiring more cash down and lower debt to income ratios. I know several people right now that are trying to get construction loans to build a house and the hoops they have to jump through are crazy.</p></blockquote><p></p>
[QUOTE="jbarnett, post: 1353879, member: 5193"] I think a lot of the reason the residential construction has slowed is because of the restrictions banks are now under. They cannot give out high percentage loans, requiring more cash down and lower debt to income ratios. I know several people right now that are trying to get construction loans to build a house and the hoops they have to jump through are crazy. [/QUOTE]
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Oklahoma Construction outlook?????
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