RC_LP_U_308.1 The Construction Process at a Glance
Construction-to-permanent loans are mortgage loans used to finance both the building and the purchasing of a new home. This type of financing has specific guidelines pertaining to loan approval, loan amounts, disbursement to the builder, and inspections. In order to understand these financing options, it is important to understand the construction process and its implications for underwriting.
The Construction Process at a Glance takes a high-level look at the construction process and Fannie Mae and Freddie Mac financing options for construction-to-permanent loans.
This is a single-family/residential course.
Seat time approximately 30 mins.