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Claimed Lawyer ProfileQ&ALII Gold
Practice Areas
- Construction Law
- Real Estate Law
- Business Law
- Foreclosure Defense
Additional Practice Areas
- Mechanics Lien Litigation
- Commercial Lease Disputes
Fees
- Free Consultation
Jurisdictions Admitted to Practice
- Illinois
- Trial Bar, U.S. District Court Northern District of Illinois
- U.S. District Court Northern District of Illinois
Languages
- English
- Polish: Spoken
- Romanian: Spoken
Professional Experience
Education
- DePaul College of Law
- J.D.
- Lake Forest College
- B.A. | Philosophy, Sociology & Anthropology
Professional Associations
- American Bar Association
- Member
- Current
- ABA Forum on the Construction Industry
- Member
- Current
- Construction Claims Network
- Member
- Current
- Construction Law Group
- Member
- Current
- Construction Lawyer Network
- Member
- Current
- Construction Lawyers Only
- Member
- Current
- J. Reuben Clark Law Society Construction Law Section
- Member
- Current
- McGraw Hill Construction Events
- Member
- Current
- Illinois State Bar Association
- Member
- - Current
- Chicago Bar Association
- Member
- - Current
Websites & Blogs
- Website
- Frederick Lurie's Website Profile
- Website
- Law Offices of Frederick A. Lurie's Website
Legal Answers
1 Questions Answered
- Q. What's unique about a construction mortgage?
- A: Construction loans are designed to be short term, only for the duration of the construction project. The loan funds are usually disbursed in installments as the project progresses. There is typically a construction escrow set up at a title company which disburses the funds to contractors and requires the submission of a variety of documents before each installment is distributed. Repayment of the loan is generally not due until after the project is completed and then it is typically paid with an end loan i.e. a standard 15, 20 or 30 year mortgage loan.
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