Concrete Home Video Tour
I can't figure out why concrete homes aren't more popular. They can handle extreme weather, they're
attractive, energy efficient and relatively inexpensive to build. 40 years from now that house
will look just like it does today.
So, why can't you get them financed? The same reason you can't you get any alternative housing
financed, because Fannie Mae won't touch the paper and no one will buy the loan on the open
market. Which means a portfolio loan which is prime plus. You pay a premium on
your financing for a better house!
As long as Fannie maintains their colonial attitude toward alternative housing, we're stuck with bricks
Chris Poindexter, All Rights Reserved