Land & New Construction
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Seeking Lender Insight on New Construction
Closing a new construction loan soon in Atlanta and I'm looking for insight as a HM lender on a new construction deal. Our company has lent on several fix and flip deals but our experience with new construction is limited. Specifically, what is reasonably fair on the draw schedule and hold back percentage per draw? Any other wisdom on how to treat the deal differently from a lender's perspective. I'd also like to hear builder/borrower's perspective as well.