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.
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.
To reach this goal and mitigate the risks inherent in construction lending, you must have a risk management policy. Learn how to write your risk management policy.
Digital construction loans are becoming more and more important, as 66% of borrowers are interested in a fully digital process. Learn how to digitize your construction loan management process to meet modern borrower expectations.
Construction lending has some innate hurdles to overcome, in the form of federal and state compliance and ever-changing regulatory requirements. Learn how you can overcome compliance headaches, so you can offer construction loans with confidence.