Southern Land Company has launched an in-house mortgage division, SLC Lending, as the Nashville-based developer looks to tighten control of the homebuying process across its master-planned and single-family communities.

The move, announced by the company, extends Southern Land’s vertically integrated model beyond land planning, development, construction and property management into mortgage origination. It comes as more builders and developers push into captive or affiliated lending to better manage rate volatility, incentives and pipeline risk.

SLC Lending will initially operate in Southern Land’s core homebuilding markets of Colorado, Texas and Tennessee, and will expand in step with SLC Homes into additional regions, the details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com