Thursday
Jun 6
2019

Mortgage Lending Hot Spots Series: Construction-Only & Construction-to-Permanent Lending

Registration Options & Pricing

Please select your membership status.


Live Webinar Includes

  • One connection to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Presenter’s Contact Info for Follow-Up

Recorded Webinar Includes

  • Recording of the Live Webinar
  • Available 6 business days following Live date
  • Available for 6 months following Live
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your bank
  • Presenter’s contact info for follow-up
150+
Webinars
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12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET

Financial institutions continue to struggle with residential construction loans. The CFPB has had different points of view since the inception of TRID, which has further complicated the process. There are pros and cons to construction-only versus construction-to-permanent financing and issues that financial institutions need to consider for each, including real-life implications. This, coupled with TRID disclosure issues, make construction and construction-to-permanent lending a potentially difficult proposition. In addition, sometimes secondary market lenders exacerbate the problem with their own rules. This webinar will delve into the disclosure requirement issues and real-life implications using the latest CFPB information and industry best practices.

Attendance certificate provided to self-report CE credits.

Save with this series!

HIGHLIGHTS

  • The decision – construction followed by a permanent loan, construction/permanent loans with one disclosure, or construction/permanent loans with two disclosures.  Are all legal?  Which is best for you?
  • Finance charge issues of construction or construction-to-permanent loans
  • Issues with construction delays and completion later than the original maturity date
  • Disclosure issues surrounding each possible construction loan method
  • Potential impact of secondary market rules

  • TAKE-AWAY TOOLKIT
    • The manual will offer a guide to construction lending, so that no matter what decisions an institution makes, participants will have implementation aids
    • Employee training log
    • NEW – Interactive quiz

WHO SHOULD ATTEND?

This informative session is designed for staff involved in the construction loan process, including decision-making and completing the loan process. It will benefit all levels of management, lenders, and processors.

 

NOTE:  All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.

MEET THE PRESENTER

Young & Associates, Inc.
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