CONSTRUCTION LOAN EXPERIENCE???

Im also not sure about penalties ?
Permits are normally good for a year I believe.
Most time you can get extentions , it just costs more.
I know your asking about loans, which I don't have much knowledge with.
I do however have experience and knowledge with the rest of the process.
If you are doing it yourself , make sure you know how long the lumber pkg prices , and door and window pkg ect are good for.
The prices fluctuate and that can sting at times.
Also most contractors are pretty busy in the area , so that can cause problems if your not working with or have someone in mind.
Up north the suppliers I know are Western Forest Products,, and Builders Alliance.
There is also Pro Build [ not a fan )
I hope it all goes well !!