Colorado Court of Appeals May 28, 1987, No. 84CA1029 (Cox v. Midland Federal Savings & Loan Ass'n)

STERNBERG, Judge.

The plaintiffs, Barry B. and Donna C. Cox, hired a general contractor to build a home on land they owned, for approximately $105,000. The plaintiffs applied for and obtained a $100,000 construction loan from the defendant, Midland Federal Savings and Loan Association. The home was built, a certificate of occupany issued, and the plaintiffs moved into the home in December 1979.