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Home > Financing Programs : Broker/Lender Wholesale Division

Broker/Lender Wholesale Division

Are you a mortgage broker or lender currently originating residential construction loans?

CLC offers competitive construction-to-permanent mortgage funding options for "experienced" mortgage brokers/lenders currently originating and closing residential construction loans. Program guidelines may vary per State.

CLC's Construction 1Close benefits:

  • Construction 1Close (construction-to-permanent mortgage) - Hired Builder up to 95% ltv of appraised value (primary/second home)
  • Construction 1Close (construction-to-permanent mortgage) - Owner-Contractor (no building license required) up to 80% of appraised value (primary/second home)
  • Full income documentation only, per FNMA guidelines
  • Up to 6 draws for hired Builder. Up to 10 draws Owner-Contractor.
  • Interest only payments required during construction based on amount drawn
  • Broker fees collected at construction loan closing (check disbursed after closing)
  • CLC is the lender (CLC underwrites, closes and administers all draws and inspections)

For more information on CLC's wholesale lending program:
Wholesale Account Representative: Mary Burgner
Email: or Phone: (877) 562-6862.

Experienced in originating construction loans? Interested being an approved broker/lender with CLC?

Please complete the following documents for consideration.

New Broker/Lender Approval Consideration Package:

Product Information/Forms:

Wholesale Rates

Our rates are currently available for download in PDF format. Please click the link below to download. You will need Adobe Acrobat Reader to view the pdfs. Notice: All rates, costs, and program availability, are subject to change without notice due to market conditions.
Download current rate sheet (PDF)

Fenton:
15266 Silver Parkway
Fenton, MI 48430
Tel: (810) 629-8700
Fax: (810) 629-6806

Imlay City:
301 E. First Street
Suite 100
Imlay City, MI 48444
Tel: (810) 721-2400
Fax: (810) 721-9600

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