RC_LP_U_308.1 The Construction Process at a Glance
MBA Member Price: $49.00
Nonmember Price: $79.00Purchase
This is a single-family/residential course.
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.
Seat time approximately one (1) hour.