United Midwest Savings Bank’s loan programs are perfect for the broker just starting to do construction loans as well as the seasoned professional looking for a more flexible construction lender. Our builder approval package is very straightforward and, with proper credentials, the borrower may also be the general contractor. Furthermore, our construction loans are construction only loans, not construction to permanent. This means that once the home is built and the certificate of occupancy has been issued, the loan will need to be refinanced, giving you a second opportunity to work with an established borrower.
To learn more about how UMWSB can help you meet your borrower's needs, Contact a Wholesale Lending Specialist Today!