The hottest markets for remodeling
The renovation market is exploding all across the country, with homeowners predicted to spend more than $700 billion in renovations during the next five years. However, a few markets stand out for homeowners looking to update their properties.
A simple loan process for simple repairs
Unforeseen events are bound to happen during the home renovation process, which is why it’s vital to have an accessible lender.
How to increase your renovation loan business
With an ever-stricter regulatory environment and the economy improving at a sluggish pace, the mortgage business isn’t getting any easier. One kind of product, however, seems to be gaining steam – renovation loans. So, how do you increase your 203K business?
Distressed home sales create opportunity for investors and traditional buyers
Through foreclosure and short sales, buyers are able to snatch up lower-priced distressed homes, and with renovation loan programs, they are able to turn them into their dream homes.
Aging inventory, rising home values fuel home renovation demand
Renovation loans are on the rise, and mortgage professionals can help borrowers save money and build instant equity by helping them purchase a fixer-upper with a 203K, or apply for a HomeStyle mortgage.