These topics help a lender determine the best course of action to take their renovation lending desires from a basic program to an advanced platform built on efficiency and using proven business principals known for being best in class. Below... Continue Reading →
As I travel around this country training my clients on Renovation Lending, I am consistently hearing issues with shortages in housing inventory. It is hard to go a day without seeing another article pointing out inventory shortages in some part of the... Continue Reading →
Historically, in my career within renovation lending and the mortgage industry, renovation loans have been predominantly a purchase product. Not that it has been marketed as a purchase only product, but many fall victim to using the programs only when homes... Continue Reading →
A few years back my crystal ball cracked and my ability to predict where mortgage rates may be headed cracked with it! No one really knows where interest rates may be headed. While everyone has their opinion, very few may... Continue Reading →
I just read an interesting article in the Scotsman’s Guide Magazine about homeownership increasing for Millennials. Information provided by the National Association of Realtors stated “the share of home purchases by first-time homebuyers rose to 35 percent this year, up... Continue Reading →
Don't let technology get ahead of your home sales. Use Virtual Room Design to cure any room deficiency and combine with a renovation loan to sell homes fast!
Statistics provided in the profession have shown that over 85% of new home buyers plan on doing some type of renovation work their home within the first 24 months after purchase of at least $10,000 or more.