According to the National Association of Home Builders' third-quarter 2015 AD&C Lending Survey, 30.3% of builders and developers surveyed said that overall, lending standards on acquisition, development, and construction (AD&C) loan availability had eased in the third quarter of 2015. This was the 10th consecutive quarter of improvement. Some banks are requiring more equity from applicants, capping project size, and negotiating terms designed to reduce defaults.
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