TRID – Construction Loans

Home » Topics » Truth in Lending/ Regulation Z » TRID – Construction Loans

Tagged: construction loan, trid

This topic has 1 reply, 1 voice, and was last updated 8 years, 2 months ago by rcooper.

Creator

Topic
September 1, 2017 at 10:03 am EDT #11666

rcooper
Member

A question we received:
“Is there anything to prohibit a bank from having a construction-to-perm product, AND to offer construction only loans (when they might not want to go perm with us but go perm with secondary market investor instead)?”
Creator

Topic

Viewing 1 replies (of 1 total)

Author

Replies
September 1, 2017 at 10:05 am EDT #11667

rcooper
Member

Answer by Jack Holzknecht:
There is no problem with offering both a construction-to-perm product and a construction only product.
Author

Replies

Viewing 1 replies (of 1 total)

You must be logged in to reply to this topic.