Case Study

Taylor Morrison Home Funding

Taylor Morrison Home Funding

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© 2019 Fannie Mae. All rights reserved. The Challenge Many Taylor Morrison Home Funding customers begin construction of their homes while their mortgage is still in process. Though they have selected custom upgrades and finishing touches for their dream home, it is not their home until the mortgage process is completed and the keys are in their hands. The challenge is that builders must have certainty that, with all of those personalized customizations, the customers can close their loan. Building a dream home can take up to one year. Meanwhile, the initial documentation customers submit is only good for a limited time. Taylor Morrison Home Funding is challenged to verify customer information over and over again during the home building process. Factors such as a borrower’s circ

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