Seminar: AD & C Financing for Home Builders

One of the most common concerns for home builders seeking acquisition, development and construction (AD&C) financing is the continuing lack of willingness by commercial banks and savings and loan associations to make loans to home builders.

Not only are lenders reluctant to finance new projects, but builders report they face additional hurdles from lenders wanting to tighten or renegotiate terms on outstanding, often performing, loans. Lenders are requiring home builders to put more equity into a project based on a new appraisal or demanding additional assets as collateral. Still, commercial banks remain, by far, the largest source of AD&C financing for multifamily and single-family housing production.
PANELISTS:
Stanley Koreyva, Chief Operating Officer and Executive Vice President  - Amboy Bank   
Dave Hutchinson, Senior Vice President - 1^st Colonial Community Bank
Mark A. Duffy, Senior Vice President - Firstrust Bank
John Herring, Senior Vice President - Liberty Bell Bank  
 
Topics for discussion:
Understanding the issues with AD&C Financing
National vs localized community banks
Lending parameters
                                                                                                                              Loan limits
 Underwriting guidelines
Loan disbursement/Funding
Other types of construction financing
                                                                                         Combined construction and permanent loan programs
                                                                                                Revolving line of credit construction loan


If you want to learn more, join us for this informative seminar.