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Webinar: Construction to Permanent Lending Under the New CFPB Mortgage Rules


Thursday, February 13, 2014

2:00 - 3:30 pm CST


Speaker: Bill Elliott, CRCM, Young & Associates, Inc.


About the Program

For many years, construction/permanent lending has been the primary vehicle for construction lending. The “one-time” closing made it easier for the financial institution and easier for the consumer. Unfortunately, the new CFPB rules make onstruction/ permanent lending problematic at best, and impossible at the worst. Construction-only followed by permanent financing (two closings) is the best way to avoid regulatory problems and improve profitability. That is because construction-only and construction/permanent lending have unique features and are treated differently.


Regulation Z has made dramatic changes to the product offering decision through the Dodd-Frank rules. This webinar will focus on the reasons for doing construction-only loans followed by permanent financing, the financial incentives to do so, and the proper approaches to avoid regulatory issues. Since Regulation Z and Dodd-Frank implications have the greatest impact, the majority of the presentation will focus on those issues. However, the webinar will also include material regarding construction loans and RESPA, as well as the income issues from the standpoint of FASB 91.



  • Construction/permanent loans and Dodd-Frank points and fees impact
  • Construction/permanent loans and higher-priced mortgage loans
  • The impact of RESPA on construction loans
  • The effect on institutional income
  • The construction-only vs. construction/permanent product decision

Related Files
Printable Brochure (Adobe PDF File)

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