Inside Construction Lending With Tom Coronato

Construction financing is one of the most important—and often misunderstood—aspects of building a new home. In this episode of The Builder Lead Podcast, Mary Anglade sits down with Tom Coronato, Senior Vice President of Construction Lending at CalCon Mutual Mortgage, to discuss what builders, modular manufacturers, and home buyers need to know about today's lending environment. Drawing on decades of experience in construction lending and leadership within the National Association of Home Builders, the Modular Home Builders Association, and the Modular Building Institute, Tom shares practical insights on construction loans, today's interest rate environment, financing for modular homes, and the opportunities and challenges facing the home building industry. In this episode, you'll learn: • How construction loans work and what builders should know • Common misconceptions home buyers have about financing a new home • The impact of today's interest rates on the housing market • Financing considerations for modular and off-site construction • Why attainable housing remains one of the industry's biggest opportunities • How builders can better educate buyers throughout the sales process • Tom's perspective on AI and the future of the home building industry Whether you're a builder, lender, modular manufacturer, or construction industry professional, this conversation offers valuable insights to help you better serve your customers and grow your business. About Tom Coronato Tom Coronato is Senior Vice President of Construction Lending at CalCon Mutual Mortgage. A nationally recognized expert in construction lending, he has served as Chairman of the National Association of Home Builders' Building Systems Council and currently serves on the NAHB Housing Finance Committee and Leadership Council. He is also a board member of the Modular Home Builders Association and an active member of the Modular Building Institute. For more episodes and builder marketing resources, please visit Builder Lead Marketing.