Renovation
Coming Up:
Calif. Investors, Lenders Mobilize Against Speculation Act
'They’re looking to decimate the industry without realizing the result of that decimation': Nema Daghbandan, a partner in Geraci LLP, said.
TPO GO, the Renovation Mortgage Solutions Hub
The Real Estate Finance Business is changing in 2022. Renovation mortgage lending is a necessary tool in any mortgage broker’s purchase lending tool belt.
Are Originators Overlooking The Remodeling Sector?
Freddie Mac sees it. The Harvard Joint Center recognizes it. And at least one giant bank is on to it, too. The question is: Are you?
NMP MAGAZINE
Study: Most Homeowners Planning Renovations They Cannot Afford
The majority of homeowners carrying significant debt are planning to undertake home renovations, even though this stretches their budget beyond the fraying point.
Plaza Home Mortgage Now Offering Freddie Mac’s CHOICERenovation Loans
Plaza Home Mortgage will be the first TPO lender to offer the program.
Guaranteed Rate Unveils VA Renovation Loans
VA Renovation Loans will offer up to $35,000 in funds to complete improvements and renovations.
One-Third of Homeowners Fund Renovations With Credit Cards
When it comes to paying for renovations on a house, one in three homeowners pull out their credit cards to finance their upgrades.
Most Homeowners Prefer Renovation to Moving
76 percent of respondent said they would rather use a set amount of money to upgrade their existing home rather than use it for a down payment on a new residence.
Plaza Home Mortgage Debuts VA Renovation Loan Program
The program is available through its national correspondent and wholesale channels.