The HIP 11 amendment refines the residential construction collateral rules to better suit market conditions, lowering the property value minimum and adding flexibility in loan terms and disbursement schedules. These changes make residential construction loans more accessible while still ensuring solid risk management with an 80% LTV cap and structured disbursements. A practical update that could attract more borrowers and expand Hifi’s lending base in real estate.
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his proposal brings valuable updates to the Residential Construction Collateral Ruleset, aiming to improve accessibility, streamline processes, and maintain solid risk management. The reduction in minimum property value opens up opportunities for smaller-scale projects, making the market more inclusive, while the flexible loan terms and disbursement guidelines allow for a more tailored approach based on project needs. Moreover, the adherence to strict LTV ratios and structured disbursement schedules ensures that risk is kept in check
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This proposal HIP 11 is a great step forward for Hifi Finance! By lowering the minimum property value and simplifying loan terms, it opens up more opportunities for borrowers and aligns better with current market conditions. The amendments maintain strong risk management while making the process more flexible and accessible. A smart move to support growth in residential construction!
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This is a fantastic step forward, Lowering the minimum property value really opens doors for more projects and participants. I’m curious on how do you see the more flexible fee structure and disbursement guidelines impacting the speed and efficiency of project funding
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