Wholesale lender Homepoint is becoming a broker of sorts…for mortgage brokers. The Ann Arbor, Michigan-based company has launched a referral program aimed at connecting mortgage brokers with regional homebuilders as well as homebuyers.

Homepoint’s “New Build program” connects homebuilders with business purpose construction financing through in-region mortgage brokers, with loan amounts up to $4 million per unit or $25 million per project. Brokers can help builders close new construction loans for single-family residences, multifamily homes, condos and townhomes.

The program is offered in partnership with private portfolio lender Level Capital, which is originating the loans to the regional homebuilders.

“There is tremendous details ⇒

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