One-Time Close Construction Loan Solutions for Mortgage Originators
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National Capital Funding, LLC.’s construction loan administration services provide the missing link for the factory-built and site-built housing industries to effectively offer One-Time Close construction-to-permanent mortgage financing. NCF does not compete with the Loan Originator or the Lender, but instead facilitates and coordinates the construction administration and interim construction funding components of these specialized loan programs.
NCF oversees and administers the construction draw process and assists the Lender in obtaining the final construction-related documentation and conditions required for loan completion. Our services help alleviate the Originator and Processor from the complexities associated with construction loan administration. Once the Originator obtains borrower approval from the Lender and the construction portion of the file is accepted by NCF for program eligibility, NCF helps manage the loan through closing, construction, and conversion to the permanent phase. NCF’s services allow Originators to focus on what they do best—originating and closing loans! |