Foundational Excellence | TVFCU’s Strategic Approach to Construction Lending

In this conversation, we're joined by Andy Woodman, Director of Mortgage Lending at Tennessee Valley Federal Credit Union (TVFCU). TVFCU has recently made waves in the construction lending arena with the roll-out of its new program. Andy brings us inside the journey of implementing this service, targeting the inventory shortage in home sales and responding to the demand from their members in their extensive 17-county coverage area. As we unpack the inception and execution of this innovative program, Andy will share with us the operational essentials such as infrastructure support, specialist staff recruiting, builder vetting, and the importance of documentation. We discuss not just the technicalities of the construction lending program at TVFCU, but also the passion that's necessary to drive such a venture forward.