One major underwriting concern for a permanent lender is the estimate of the cost of construction.

Name: One major underwriting concern for a permanent lender is the estimate of the cost of construction.
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A major underwriting concern for a permanent lender is the long-term viability and profitability of the project, not the estimate of the cost of construction, which is typically a concern for construction lenders.

One Major Underwriting Concern for a Permanent Lender Is the Estimate