Construction lending can be tricky. Because the process is intricate and involves numerous parties (including builders, contractors, accountants, appraisers, surveyors, and inspectors) many lenders choose to avoid this type of loan. While the segment can be complicated, residential construction lending can also be abundantly profitable for those experienced lenders that engage in it -- but the processes and technology they adopt are critical to success. Indeed, the residential construction lending methodology must be ...
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Construction lending can be tricky. Because the process is intricate and involves numerous parties (including builders, contractors, accountants, appraisers, surveyors, and inspectors) many lenders choose to avoid this type of loan. While the segment can be complicated, residential construction lending can also be abundantly profitable for those experienced lenders that engage in it -- but the processes and technology they adopt are critical to success. Indeed, the residential construction lending methodology must be handled with meticulous scheduling, detailed monitoring, and great finesse, considering all aspects of the loan. These mechanisms include the construction contract, construction cost breakdown, plans and specifications, draw (progress) inspections, local permitting requirements, certificate of occupancy, periodic funding to builders or borrowers, retainage, mechanic liens, and much more. Trinity's introductory manual explains a variety of topics to guide you through the process.
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Add this copy of Introduction to Residential Construction Lending to cart. $20.79, new condition, Sold by Books2anywhere rated 5.0 out of 5 stars, ships from Fairford, GLOUCESTERSHIRE, UNITED KINGDOM, published 2018 by Trinity Real Estate Solutions, Inc.
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Add this copy of Introduction to Residential Construction Lending to cart. $70.84, new condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Santa Clarita, CA, UNITED STATES, published 2018 by Trinity Real Estate Solutions.