Presenter: Richard Hamm, Advantage Consulting and Training
This 90-minute program will be presented live on: April 25, 2023 – 1:00-2:30 p.m. CT
Recording available through: June 25, 2023
The 2008-2009 downturn in commercial real estate (CRE) exposed many weaknesses in bank construction lending practices. Since that time, residential construction lending continues to expand slowly, along with the economy, with remodeling maintaining a large share of projects. Into 2022, housing starts have increased, yet construction firms report labor shortages in many skill categories. This program provides an overview of the major issues involved in consumer or residential construction lending, primarily to individuals having a home built or remodeled.
Topics to be covered include:
Target Audience: Consumer lenders, mortgage bankers, private bankers, small business lenders, commercial lenders, credit analysts, loan review specialists, special assets officers, lending managers and credit officers involved in the consumer lending process. Also intended for support personnel involved in the administration of residential construction loans.