Expanding Production Through Construction and Renovation Lending

Renovation and construction lending represent significant growth opportunities for mortgage lenders, but they remain specialized areas of the industry due to operational complexity. As housing inventory challenges persist, these products can help lenders serve more borrowers while creating new production channels and growing market share. MBA’s Expanding Production Through Construction and Renovation Lending workshop will help members better understand the renovation and construction lending landscape, gain confidence in the lending process and evaluate whether these products represent a viable growth opportunity for their organizations.

Experts will discuss the business case for offering renovation and construction lending products and explore the major loan programs available in the market. Participants will learn the fundamentals of managing these transactions, including contractor oversight, draw administration, appraisals and successful loan execution.

Date/Time:

• Wednesday, September 16 (11:30 AM - 5:00 PM ET)

Objectives:

• Understand the business case for renovation and construction lending, including how these products can help lenders address housing inventory challenges, expand borrower opportunities, and grow market share
• Identify and compare the major renovation and construction loan programs available in the marketplace and their appropriate use cases
• Describe the key operational components of renovation and construction lending, including contractor management, draw administration, appraisals and project oversight
• Understand the unique risks, challenges, and compliance considerations associated with renovation and construction loan transactions
• Evaluate whether renovation and construction lending products align with their organization's strategic goals, capabilities and growth objectives

Experience Level:

• Foundational
• Intermediate
• Advanced

Target Audience:

• Branch Managers and Heads of Production
• Loan Officers and Loan Officer Assistants
• Underwriting Mangers and Underwriters
• Compliance and Risk Management Professionals
• Strategy Professionals

Speaker(s):

• To Be Announced