The Construction Lending Podcast Land Gorilla

In this installment, we are joined by Matt Jones, Associate Vice President of Government Housing Finance with the Mortgage Bankers Association (MBA). We'll navigate the industry's pressing priorities and intricate policy landscapes. Our conversation highlights the MBA's role in shaping housing policy and its commitment to understanding and influencing governmental procedures on behalf of its members. Matt provides a comprehensive overview of what's at stake for the industry and homeowners. We also address the current state of political affairs on Capitol Hill and discuss the potential bipartisan nature of housing policy amid political gridlock and looming elections. Get ready for an episode filled with industry perspectives, policy predictions, and a glimpse into the potential future of the housing market.

Join us for an insightful discussion with Jennifer ‘The Reno Gal’ Goldsby, a seasoned professional in the mortgage industry and the VP of Renovation Lending at Diamond Residential Mortgage Company. In this episode, we will explore the intricacies of renovation lending, focusing on effective communication, expertise, and exceptional customer service. Jennifer shares valuable insights, including the need for change in property marketing to highlight renovation financing options, the benefits of renovation programs, especially for first-time home buyers, and sharing multiple resources for finding reliable contractors. Whether you’re a lender, real estate agent, or homebuyer, this episode offers actionable advice to navigate the housing market effectively.

Ready to sharpen your knowledge of the current and future state of real estate entrepreneurship? In this informative episode, we’re sitting down with Josh Ernst from Backflip, a proptech and fintech company. We discuss the role played by real estate entrepreneurs in rejuvenating communities, and how Backflip's commitment to technology is empowering these passionate property professionals. We cover how a customer-first approach fueled growth through the power of referrals and organic buzz. Josh unfolds how Backflip supports modernizing America's aging housing market—even amidst the sharp economic twists, such as the recent spike in interest rates. Discover how their clientele has shown admirable resilience, maintaining their operational pace despite the rising cost of capital.

Get ready for an insightful episode that will take you through the world of title research. Join us as we chat with Dave Mitchell from AFX Research – a leading title research company. Together, we’ll discuss the layers of property liens and the impact of historical recording processes. Dave’s insights will help us navigate the operational challenges that title research presents, and we’ll discover the fascinating intricacies of the research process. We’ll also learn about the herculean effort required to modernize historical and county-specific land records. With title research being key in construction lending, this episode is a perfect blend of technical expertise and personal anecdotes to uncover how lenders can protect their interests despite legal changes.

In this episode, we welcome Ron Haynie from the ICBA to discuss the role of community banks in construction lending and the broader economy.  We explore the importance of consistency, the impacts of political influences, and the regulatory environment on community banks.  We also discuss the potential improvements to the compliance processes via the trial disclosures sandbox initiated by the ICBA. Haynie emphasizes the value of local relationship banking, the advocacy and educational efforts of the ICBA, and their push for innovation to assist community banks. 

In this episode, we're joined by HUD consultant, Bob Canty, to unpack 203(k) loans. With a growing inventory of aging homes, Bob will explain why the 203(k) loan program isn't just necessary, but vital for home repairs and alterations. He'll discuss the importance of full home inspections and the pivotal role of choosing a strong contractor. From a HUD Consultant’s view, we'll talk about the thorough checks needed to protect everyone involved in the loan process. Bob will share how he breaks down renovation costs for FHA loans and the importance of clear communication in this intricate process. Lastly, we'll discuss the HUD consultant's role in managing conflicts and ensuring smooth sailing for your renovation projects. Prepare for an insightful journey into the intricate world of housing and renovations.