Housing Wire

JUNE 13, 2025

Private equity giant Blackstone conducted the Stearns Lending bankruptcy process after acquiring a majority stake in parent company Stearns Holdings in 2015. In addition to non-QM and home equity loans, renovation loans are playing a growing role. This is not our first rodeo,” Stearns said in an interview with HousingWire.

Mortgages

The Mortgage Report

AUGUST 1, 2025

You can borrow based on the home’s expected value after renovations. Check your renovation loan options. Start here Whether you’re updating a dated kitchen, converting the garage into a home office, or making essential repairs, home renovations can quickly add up in cost. What is a home renovation loan? The good news?

Renovation

The Mortgage Report

JULY 4, 2025

Home equity loans offer fixed rates and lump sums, good for planned expenses. Reverse and shared equity options skip monthly payments but may cost more long term. Check your best options to tap home equity. Let’s explore the cheapest way to get equity out of your house. Check your best options to tap home equity.

Equity

The Close

NOVEMBER 25, 2024

Set Up Your House Flipping Business Operations Many believe flipping houses is just about buying, renovating, and selling. This means picking the proper legal structure, like an LLC, registering your business, and setting up separate bank accounts. However, laying down a solid business foundation for lasting success is essential!

House Flipping

The Mortgage Report

AUGUST 7, 2025

Personal loans, credit cards, FHA 203(k), and HomeStyle® loans offer flexible ways to fund improvements without home equity. Personal loans, credit cards, FHA 203(k), and HomeStyle® loans offer flexible ways to fund improvements without home equity. You can renovate without equity.

The Close

NOVEMBER 25, 2024

Renovation costs: Depending on the property’s condition, you may need minor and/or significant renovations before renting it out. Timeline: Your timeline involves the time it takes to make repairs or renovations, find tenants, and start accepting payments. Pro Tip: Overestimate your expenses.

Purchase and sale agreement

Marco Santarelli

APRIL 19, 2025

Maybe you're dreaming of lower monthly payments, paying off your home faster, or even tapping into your home equity for some much-needed renovations. Estimate Your Equity: If you're considering a cash-out refinance, you'll need to know how much equity you have in your home. Tapping into equity? Lower payments?

Mortgages

Marco Santarelli

MARCH 15, 2025

Are you thinking about renovating your kitchen, paying off some high-interest debt, or maybe even funding a dream vacation? This makes borrowing against your home equity more affordable than it has been in quite some time. HELOC stands for Home Equity Line of Credit. Well, good news!

Equity

The Close

DECEMBER 18, 2024

out of 5 Pricing & Structure: Cost: $39.99 ($1,800 value) Duration: 30 hours and lifetime access Format: On-demand video Requirements: Computer and internet access What Youll Learn Discover the fix-and-flip process , covering sourcing, funding, fix-and-flip analysis, renovation, and sales. Visit Baselane 6.

Commercial

The Mortgage Report

AUGUST 5, 2025

For many homeowners, the smarter solution lies in a financial product designed specifically for flexible, long-term use: a home equity line of credit, or HELOC. That structure makes a HELOC especially attractive for home renovations. You don’t need to know the exact final cost of your renovation to get started.

FHA 203k rehab loan

The Close

NOVEMBER 25, 2024

However, the homeowner can still stop the foreclosure by getting enough money to pay the bank or selling the property to pay off the loan. During this stage, the lender sends a Notice of Default to the homeowner, letting them know that legal action is being taken toward foreclosure.

Hard money loan

The Mortgage Report

AUGUST 6, 2025

Start here If you’re planning a home renovation but don’t have the cash to cover it, a personal loan can be a good solution. If you’re planning a home renovation and don’t want to dip into your home’s equity or refinance your mortgage , a personal loan can be a good alternative. Check home improvement loan options and rates.

Loans

Marco Santarelli

APRIL 23, 2025

The Federal Reserve (The Fed): This is the central bank of the United States, and it plays a major role. The Fed sets the federal funds rate, which is the rate banks charge each other for overnight lending. Building Equity: The longer you wait, the longer you delay building equity in a home. The inverse is also true.

Mortgages

The Close

JUNE 9, 2025

House hacking is a real estate move where you live in a part of your home while renting out the rest, so your tenants help cover your mortgage while you build home equity. Build home equity faster: Tenants help you pay down the mortgage, so your investment grows over time. It’s the most straightforward hack (no renovation required!),

VA loan

Redfin

JULY 30, 2025

The cash offer process typically includes the following: Provide a proof of funds letter or recent bank statements to the seller: These documents demonstrate that you have the liquid assets needed to complete the purchase, strengthening your offer and building trust in your ability to close.

Purchase and sale agreement

AAOA

MARCH 24, 2025

They may face functional issues, have outdated designs, or require maintenance and renovations. Alternatively, if you purchase a multifamily property and undertake some value-added renovation and modernization, you could optimize your income and increase the propertys value. You can also refinish the property at a higher value.

Property Management

Redfin

MARCH 4, 2025

Key takeaways A foreclosed home means the buyer can no longer make payments and the bank has taken the house. There are several types of foreclosure sales – auctions, bank-owned properties, government-owned properties, preforeclosures, and short sales. The bank or lender typically wont sell a home directly to you, the buyer.

Pre-approval

AAOA

MAY 22, 2025

But heres the truth, you absolutely can buy an apartment , and you dont need millions in the bank to make it happen. You need to lookthe potential to optimize operations, increase cash flow, and build equity through forced appreciation. Closing Costs In addition to the purchase price and renovation budget, plan for closing costs.

Due diligence

AAOA

AUGUST 4, 2025

Project renovation costs and timelines conservatively. Strong banking relationships speed approval when timing is tight. It is a professional expansion that demands the mindset of a private equity analyst and the field skills of a property manager. Measure present rents against the true market ceiling.

Marketing

Luxury Real Estate Blog

JUNE 12, 2025

The Bank of Canada monetary policies have kept interest rates relatively high compared to the ultra-low rates in previous years. Ideal for: Investors looking for long-term equity growth and stable rental income. Ideal for: Investors with capital and renovation expertise who can handle short-term risks.

Investor

Redfin

AUGUST 5, 2025

Renovations and repairs: These costs will vary significantly depending on the types of repairs and renovations you choose. With a cash-out refi, you can borrow against the existing equity in your home. Of course, this only works if the property has enough equity to cover the cost of the flip.

Loans

Marco Santarelli

JUNE 8, 2025

To tap into home equity: A cash-out refinance allows you to borrow against the equity you've built in your home, though this should be approached with caution. In my opinion, while a slight decrease seems plausible, I wouldn't bank on a significant drop back to the ultra-low rates we saw a few years ago.

Mortgages

Marco Santarelli

NOVEMBER 2, 2024

Are you tired of the small returns that your bank account savings or other investments provide? Let's answer these questions — Turnkey rental property investing is good for people who want to expand their funds and gear away from the norm of investing in equity or stocks.

Due diligence

Norada Real Estate

JUNE 15, 2025

Research and compare rates from banks, credit unions, and online lenders. Accessing Home Equity : Many homeowners choose to refinance to cash out on some equity. This equity can be used for renovations, education, or consolidating debt, which can ultimately create greater financial stability.

Mortgages

Marco Santarelli

MARCH 25, 2025

Here's why I'm still a believer in the dream of homeownership: Building Equity: When you pay rent, that money is gone. When you make mortgage payments, you're building equity in an asset that, historically, tends to appreciate over time. That equity can be a powerful tool for your future financial security.

Equity

Marco Santarelli

JUNE 17, 2025

However, as the economic landscape has stabilized, these cuts have not continued, leading banks to keep mortgage rates steady. High mortgage rates can suppress housing demand, slowing sales and negatively impacting home construction and renovation sectors.

Mortgages

Marco Santarelli

JULY 2, 2025

Federal Reserve's Monetary Policy : The Federal Reserve influences mortgage rates through its setting of the federal funds rate, which affects how much banks charge each other for lending. Refinancing allows homeowners to adjust their loan terms, either lowering their monthly payments or accessing equity for renovations or other expenses.

Mortgages

Norada Real Estate

JULY 2, 2025

Federal Reserve's Monetary Policy : The Federal Reserve influences mortgage rates through its setting of the federal funds rate, which affects how much banks charge each other for lending. Refinancing allows homeowners to adjust their loan terms, either lowering their monthly payments or accessing equity for renovations or other expenses.

Mortgages

Marco Santarelli

MAY 4, 2025

The Federal Reserve (The Fed): This is the central bank of the United States, and it plays a major role. The Fed sets the federal funds rate, which is the rate banks charge each other for overnight lending. Building Equity: The longer you wait, the longer you delay building equity in a home. The inverse is also true.

Mortgages

The Close

MAY 6, 2025

Making improvements to a home might have an upfront fee, but it can be an incredibly smart way to sell a home for more money, get a property for the best value, or increase equity. As a real estate agent, its important to share with clients the pros, cons, and strategies for renovating or making small improvements to houses.

Loans

The Mortgage Report

JUNE 24, 2025

A HELOC is one way to tap into your home’s equity, and you can use the cash for just about any purpose, such as home renovations, paying off debt, or covering college expenses. Banks are more likely to include it, but some credit unions or online lenders might not. It’s also worth noting that not all lenders charge this fee.

FHA 203k rehab loan

Redfin

JULY 17, 2025

To make the process helpful, you and your partner could create a shared budget or open a joint bank account dedicated to household expenses. How can we protect ourselves if one partner pays more for renovations? Property taxes and insurance : Make sure you’re both clear on when these are due and how you’ll pay them.

Purchase and sale agreement

Housing Wire

FEBRUARY 5, 2025

However, with low inventory and high interest rates in recent years, many more house hunters are looking for a lower-priced property that they can improve with some love and sweat equity. An in-depth knowledge of home renovation and a keen eye to spot diamonds in the rough. The key to success in this niche?

Commercial

Marco Santarelli

JUNE 17, 2025

However, as the economic landscape has stabilized, these cuts have not continued, leading banks to keep mortgage rates steady. High mortgage rates can suppress housing demand, slowing sales and negatively impacting home construction and renovation sectors.

Mortgages

Real Estate News

JULY 16, 2025

However, a recent congressional investigation request made by Federal Housing Finance Agency (FHFA) Director Bill Pulte suggests officials are exploring whether cause for his removal could be found in connection with comments Powell made about renovation plans for the Fed's headquarters. billion renovation."

Renovation

Housing Wire

APRIL 27, 2021

A homebuyer report from Bank of America shows that 51% of young homebuyers aged 18 to 43 value community and friendly neighbors when deciding whether or not to pull the trigger on a new home. “Nearly half — 46% — said that building equity is now more important than ever. . Presented by: Citi.

Equity

Housing Wire

NOVEMBER 10, 2023

While the current climate may be causing existing-home sales and inventory to fall, it’s driving renewed interest in home equity options. And that offers an incredible opportunity for banks and non-banks alike to improve their digital channels to better support home equity lending.

Lending