Hello! I've been reviewing your loan history and wanted to offer a few insights before you...

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Hello! I've been reviewing your loan history and wanted to offer a few insights before you get started. Your project budget on this house is $180,000. In order to achieve a healthy profit for your company, your goal should be to spend 10% less than this budget, or less than $162,000, in total on all of your subcontractors. If you're successful, your higher profit margin will open the door to even larger construction loans to build more expensive homes in the future, which is great for both of us! If, however, your expenses fall between $162,000 and $180,000, your profits will be negligible. You'll be able to repay your loan, but due to the low margin and poor results for your company, we at Third National Bank will have a harder time approving future construction loans. If you spend more than $180,000, be forewarned that your subcontractors and/or this bank will likely place a lien on the property to ensure payment. If you would like to discuss any of this further, please don't hesitate to call. Hello! I've been reviewing your loan history and wanted to offer a few insights before you get started. Your project budget on this house is $180,000. In order to achieve a healthy profit for your company, your goal should be to spend 10% less than this budget, or less than $162,000, in total on all of your subcontractors. If you're successful, your higher profit margin will open the door to even larger construction loans to build more expensive homes in the future, which is great for both of us! If, however, your expenses fall between $162,000 and $180,000, your profits will be negligible. You'll be able to repay your loan, but due to the low margin and poor results for your company, we at Third National Bank will have a harder time approving future construction loans. If you spend more than $180,000, be forewarned that your subcontractors and/or this bank will likely place a lien on the property to ensure payment. If you would like to discuss any of this further, please don't hesitate to call.