Construction loan product configuration fields are available on the Product Preferences and Filters page to identify construction only and construction to permanent products. Additional financing attributes are available for the construction portion of the construction to permanent products. Eligibility scripting overlay features and reporting are also available.
Fields on the Product Search forms enable users to filter search results for construction loan products and to support LTV, APR and payment amount and schedule calculations.
Before adding the fields to your Lender site, you should complete the required product configuration and rule scripting updates in your Configuration site.
LOS integrated clients, please remember that these fields can only be added in the Lender site if your LOS integration supports construction financing. Please contact your Client Services Team to confirm your LOS supports construction financing.
Please see the Construction Lending User Guide for details.