Construction Loan Management
A construction loan is a short-term loan-usually about a year-used to fund the construction of your home, from breaking ground to moving in. With a BB&T construction-to-permanent loan, your construction financing simply converts to a permanent mortgage when your home is complete.
Construction lending requires a high degree of diligence to mitigate its inherent risks. One small but often neglected aspect of construction lending is the draw process. Construction lenders do not typically disburse the entire amount of a construction loan at the time of the loan closing or on the date the project starts.
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If you are a homeowner and would like to finance the construction of your home, please visit our Mortgage page for information about our consumer construction programs. Contact one of our knowledgeable Construction Loan Officers today at 404-814-8040 to discuss how Fidelity Bank can help your business.
1,656 Construction Loan Management jobs available on Indeed.com. Apply to Program Manager, Closing Coordinator, Account Manager and more!
The construction loan (note B) has a 5-year maturity and an 8.5% interest. The LCS Family of Companies focus on development, operations management, marketing and sales management, and strategic.
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We have a robust construction loan management software package that was designed specifically for your needs with the input of construction industry professionals. It will allow you to streamline your operations and track comprehensive details about multiple loans in one easy-to-use system.
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A construction loan is a short-term loan used to pay for the cost of building or remodeling a home. Whereas a lender pays out the full amount of the mortgage to the home’s seller upon closing where a regular mortgage is involved, a construction loan is typically paid out in a series of advances as construction progresses.
CFSI loan management helps lenders reduce risk related to construction projects nationwide.Our high touch, customer-centric approach allows lenders to concentrate on originating construction loans while CFSI manages the construction phase from beginning to end.