Robert Stephens | Mortgage News Network

Robert Stephens

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Robert’s passion for residential construction lending stems back to 1990. It was then when he realized he had the power to literally change someone’s life for the better. His drive and motivation comes from knowing he is able to play a vital role with helping someone not only obtain the American dream of homeownership but to build their dream home. Robert’s career has taken him on an exciting journey from working for major banking institutions, direct lenders as well as large, publicly traded homebuilders. With each stop along the way, he made sure to learn all of the integral parts of lending which allows him to speak to large groups and individuals confidently on the lending process. His favorite quote is “Choose a job you love, and you will never have to work a day in your life”

Step Out of Your Comfort Zone

When you’re trying to grow your business, one of the most important things you can do is step outside your comfort zone and listen to your clientele. By listening to your clientele and understanding their particular marketplace, it will allow you not only to develop new products, it will illustrate to your clientele that you are truly concerned and have a vested interest in helping them expand their footprint.

Unchartered Territories Are Now Yours for the Taking!

Single close construction lending has now expanded into the jumbo arena. Prior to jumbo single close construction lending becoming available, the program was only available for FHA, VA, USDA and Fannie Mae. Make no mistake! Just with the previous mentioned options, a large segment of the new construction homebuying community was served and served well. Expanding into the jumbo market can now make construction lending more readily available in high dollar areas.

Why Should I Select a Single Close Construction Loan to Build My Home?

There are options when searching for a loan to build your home. As a lender/broker, why is a single close construction the best option to offer your client? As a homebuilder/manufactured home dealer, are there benefits for using a single close construction loan versus a two-time close construction loan? Let’s spend the next few minutes together and find out.