4 Ways Mortgage Lenders Can Position for the Future
Mortgage lenders can position for the future with these four tips for construction and renovation lending.
How Lenders Can Understand General Liability Insurance and Builder’s Risk Insurance
There is a continuous discussion around best practices, differences, and use cases among construction and renovation lenders regarding General Liability Insurance and Builder’s Risk Insurance policies. These two insurance products are not interchangeable and serve entirely different purposes.
7 Questions To Ask Warehouse Banks When Considering Construction Lines
These seven critical questions will help you to make informed decisions about construction lines of credit for construction and renovation lending. Bonus: Listing of warehouse banks offering construction lines.
Optimizing Fix and Flip Programs for Growth and Profit
Private lenders can standardize their construction lending processes for growth and profit with some examples from Temple View.
The Squeeze: How Independent Mortgage Bankers Can Survive Margin Compression
Independent mortgage bankers can survive margin compression with a healthy mix of loan products. Learn more about these loan products in this blog.
Growing Your Loan Portfolio with Construction Lending
Community bankers have historically considered construction loans an essential part of their loan portfolio. Whether or not you currently have programs running, the current market conditions lend themselves to an opportunity of portfolio growth with construction lending.
Utilizing Surveys And Foundation Endorsements To Prevent Costly Mistakes
Surveys and Foundation Endorsements play an important role in construction finance and protect financial institution’s physical interests in real estate. It’s important for construction lenders to fully understand their purpose and benefits when utilizing the tools.
How Lenders Can Navigate Rising Material Costs
In an ever-changing climate of rising material costs, lenders should pay close attention to Contingency Reserve Accounts, Builder Acknowledgement Forms, and their Change Order Policy.
Inspections in Remote Areas
Remote Inspections is a new method of procuring a professional inspection, without the health risk of traditional inspections. Learn how Remote Inspections can be used for very remote locations.
How Successful Construction Lenders Are Like Bear Grylls
Construction lenders may have more in common with survival specialists than they think. This fun blog post details the skills successful construction lenders have that help them to thrive with construction and renovation lending.