Industry Trends for Builders

Many construction businesses and builders find themselves in the position to ask for a construction loan. In order to accurately decide how much to ask for when applying for a loan, a new construction loan assessment needs to be made prior to ensure all of your bases are covered.

Part of the process of building a new house is acquiring the financing needed to pay for the home’s construction. When a builder acquires a new construction loan rather than passing the task to the buyer, it streamlines the process for the builder and for the buyer. Not all loans and lenders are created equal, however, so here are some things to watch out for when acquiring new construction loans.

Technology has revolutionized the way we do everything and the construction industry is no exception. We’ve identified some technology trends that are changing how builders and consumers approach construction in 2019.