Your Lender is Your Advisor, NOT an ATM
On this episode of Secrets of Homebuilders Pat Cardoni interviews Chad Lubben from Peoples Home Equity and discusses the true role of your lender in the custom construction transaction. It is often the lender that holds your transaction together. However, you want a lender that can talk some sense into you vs letting you build a home that you really cannot afford. Find someone that is your friend, but that can sit you down and talk to you like an advisor, even if that means popping your dream of the perfect house into pieces. Custom home building may seem like the right thing to do, until you review your financials and realize you need a few more years to save up.