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IP Interview
Published November 23, 2023

LGI Homes: Underwriting Process & Quality

Executive Bio

Former Senior Land Acquisition & Development Analyst at LGI Homes

Interview Transcript

Disclaimer: This interview is for informational purposes only and should not be relied upon as a basis for investment decisions. In Practise is an independent publisher and all opinions expressed by guests are solely their own opinions and do not reflect the opinion of In Practise.

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Once they have this graph of price per square footage, what's the next step?

In the case of LGI Homes, they aim to be affordable, so they always want to position themselves below the trend line. They are not a luxury home builder, so they strive to be the affordable option.

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No, I'm not.

LGI Homes takes FHA loan eligibility into account in their underwriting process. They aim to price their homes below the FHA loan limit to ensure that potential buyers can afford the down payment.

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