David McDowell's (davidmcdowell) Blog

I noticed differen't Q&A's about this topic. I thought I would write out my thoughts on the issue and share some of my experience. I hope you find it to be educational.  First things first. Answer these three questions:1) Do I own this land free and clear?2) If not -> Then how much has my home in...

I specialize in Private Construction Lending. Below is something I put together that explains to the borrower (or Real Estate Professional) how our unique product works. First Horizon employees and Loan Officers please email me if you wish to use this letter. What Does "OTC" Mean?            OTC ...

 OTC - Builder Advantages             First Horizon One-Time-Close financing program gives you real flexibility and secures your home building projects from start to finish. One-Time Close approves and offers the construction loan directly to the homebuyer, so your credit line remains open for ot...