The Real Deal on Reno

BUILD A HOUSE FOR MOM AND DAD WITH A RENOVATION LOAN! BUILD A HOUSE FOR MOM AND DAD WITH A RENOVATION LOAN! Get link Facebook Twitter Pinterest Email Other Apps March 14, 2023 Home affordability may be a problem for some Gen X’ers and Millenials but these two generations of homebuyers are often facing an added responsibility; kids returning from coll...

Great info on Multi-Generational Living!

BUILD A HOUSE FOR MOM AND DAD WITH A RENOVATION LOAN! BUILD A HOUSE FOR MOM AND DAD WITH A RENOVATION LOAN! Get link Facebook Twitter Pinterest Email Other Apps March 14, 2023 Home affordability may be a problem for some Gen X’ers and Millenials but these two generations of homebuyers are often facing an added responsibility; kids returning from coll...

Adding a swimming pool is a great way to add value and marketability to your home. We always get asked if you can finance this improvement with a renovation loan and YES you can! Let's dive in to our streamlined process for pool additions and you can be soaking up the sun poolside by Memorial Day.

Calling all contractors and builders!! Renovation Lending is HOT and often times our favorite contractors are busy!! Drop a contractor's name and contact information below if they are interested in bidding on projects.

I hear it all the time….”my contractor is 203K certified” or from the contractor…”I have my 203K certification.” You would think we would be jumping for joy because the approval process just got easier, right? Well, maybe. Though it certainly makes things easier to work with a contractor who has previously worked on projects financed with 203K loans; he may have a better understanding of how the progress payments will work, there is no such thing as a 203K Approved Contractor.
Any client who is pursuing a 203K mortgage loan may select any contractor providing the contractor is properly licensed, insured and will work within the disbursement schedule that is established by the financing. He or she must also be willing to complete the documentation and supply the necessary references to satisfy the vetting process. It’s really very simple and is done by the Lender; not by HUD. The process should not take more than a few days and should not delay the approval or closing of the transaction.