Washington Mutual is working on a broker construction loan program again.

Wamu has shut its great construction loan program down to wholesale brokers 3 times over the the last year.

I think they must think that people are going to stop building homes or that the construction loan department is expendable.

Wamu has either very intelligent upper management or they skipped the common sense course of business in college.

Regardless im happy to report that they are working on a broker submission quasi wholesale department.

I will update on the details as soon as I hear its official.

Rick Gomez

http://www.californiaconstructionloans.com

http://www.nationwideconstructionloans.com

 

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