Housing Wire

JUNE 13, 2025

Kind Lending , a national wholesale mortgage lender and his second brainchild, is built on lean operations and a focus on efficiency — a contrast with his first company, Stearns Lending, which filed for Chapter 11 bankruptcy in 2019. Inside Mortgage Finance (IMF) reported that Kind Lending originated $7.5 He’s not wrong.

Mortgages

Housing Wire

APRIL 4, 2025

Citing concerns about renovation needs, associated costs and even ugliness, the U.S. The outlet previously reported that the costs of renovating the aging complex could top $500 million. Department of Housing and Urban Development (HUD) is reportedly ramping up its discussions about relocating its headquarters in Washington, D.C.,

Renovation

Housing Wire

JANUARY 30, 2025

In this conversation, the duo explore niche lending, second lien product opportunities and demand for non-QM. Deephaven’s focus on non-QM lending is expected to drive its volume past $80 billion in 2025. So, people are gonna have to tap into their equity for renovations, debt consolidation and better cash flow.

New Construction

Housing Wire

OCTOBER 23, 2024

By offering higher LTVs without charging mortgage insurance, UWM aims to attract more borrowers, including those who need to consolidate student and medical debt or renovate their homes, for example. Optimal Blue data for September showed that rate locks for cash-out refis rose by 6% month over month and 55% year over year.

Equity

Housing Wire

JULY 28, 2025

That’s according to the Mortgage Bankers Association (MBA)’s 2025 Home Equity Lending Study. According to borrower data, home renovations accounted for only 46% of total origination volume in 2024, down from 56% in 2023 and 65% in 2022. from the previous year, when comparing originators that reported in both years.

Equity

Housing Wire

MARCH 6, 2025

We had to take back some properties where we dont have a large real estate operation, so we didnt want to keep them, said Sims, general partner at Constitution Lending , a Connecticut-based real estate lender providing fix-and-flip and long-term loans to real estate investors. Make everything new so you dont have to come back as much.

Renovation

Housing Wire

MARCH 5, 2025

More renovations? While most of Shank’s book of business is tied to VA loans, he says he’s seeing an uptick in renovation loans across FHA and VA channels. So now that rates are dropping, a renovation loan will be in the 7% range. Certain geographic areas have higher shares of government loans.

Loan Officer

Housing Wire

FEBRUARY 20, 2025

“For a consumer who wants to do a home renovation , a consumer who wants to consolidate debts, or a consumer who wants to take cash out to pay for tuition for their kids, our product serves all of those use cases.” ” How is it so fast?

Equity

Housing Wire

FEBRUARY 6, 2025

Deephaven Mortgage a pioneer in non-QM lending offers loan products to serve borrowers who might not otherwise qualify for a traditional loan. Equity solutions Home renovations and debt consolidation are two avenues toward financial prosperity for borrowers. Of course, Deephaven goes beyond helping borrowers acquire loans.

Loans

Housing Wire

JUNE 10, 2025

Renovation and remodeling: Fast, flexible funding for upgrades that boost resale potential or enhance day-to-day living. Legacy was built on this customer-centric, common-sense approach to lending, which adapts to changing market conditions in the geographies in which we do business,” he added.

Finance

Housing Wire

MAY 12, 2025

HousingWire: The current market presents a unique window of opportunity especially for borrowers who fall outside traditional lending guidelines. Instead, these people are renovating or making improvements by tapping into their equity. Tom Davis: There are a number of conditions driving demand for second mortgages. Homes across the U.S

Loans

Marco Santarelli

DECEMBER 29, 2024

Lender Competition: A competitive lending environment can lead to better rates for consumers. Lower rates can spur renovations and upgrades, fostering a more robust housing dynamic. Technological Advancements in Lending Moreover, technological advancements in the lending industry could alter the dynamics of mortgage rates.

Mortgages

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

Redfin

DECEMBER 16, 2024

These pastoral motifs lend a subtle elegance thats both classic and chic. My favorite way to add Parisian influence to a space is by shopping for vintage and antique pieces, especially when you might not have the budget or time for a full renovation, shares Julie K. Beuerlein, owner of JKB Home Design in Palos Verdes Estates, CA.

Design

Marco Santarelli

JANUARY 27, 2025

These loans often come with stricter credit requirements and down payment rules due to the higher risk associated with lending large amounts of money. Considering that the housing market varies widely across different states and cities, potential buyers should ensure they have accurate information about local lending limits.

Mortgages

The Living Room

JUNE 13, 2025

Connecting with Contractors : Providing referrals for any needed repairs or renovations. The Appraiser: Determining Home Value Appraisers assess the value of the home to ensure the lender is not over-lending. Scheduling Inspections : Coordinating necessary inspections to ensure the property is in good condition.

Pre-approval

GeekEstate

FEBRUARY 13, 2025

Vontive’s platform automates key aspects of mortgage lending, including underwriting, risk assessment, loan structuring, and servicing. They provide standardized short- and long-term mortgage products, including short-term loans for purchasing and renovating properties, as well as long-term financing for rental properties.

Lending

AAOA

JANUARY 27, 2025

When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs. In the end, it can help you capture the perfect property with excellent ROI potential or it can save you from a drastic mistake.

Property Management

The Mortgage Report

JUNE 24, 2025

Home equity is how many people build wealth and, when tapped into, can provide borrowers with money for renovating and remodeling, investing, an emergency fund or even paying off other debt. Homeowners with mortgages saw a collective annual equity increase of $115 billion in 2025’s first quarter, according to Cotality. Time to make a move?

Equity

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? They Assess: They'll look at your credit score, income, and the value of your home to determine how much they're willing to lend you. If you're a homeowner, you might be wondering how to finance these big goals.

Equity

The Mortgage Report

JUNE 9, 2025

They compound into real increases in the cost to build housing and even to maintain it—renovations, rehabs, insurance-mandated upgrades, all of it becomes more expensive. But there are still use cases— cash-out refinancing, for example , can be a smart way to fund renovations or consolidate higher-interest debt. Time to make a move?

FHA 203k rehab loan

Redfin

MARCH 4, 2025

Investors may see foreclosure purchases as an opportunity to renovate and resell for a profit, while homebuyers may find a house they wouldnt otherwise be able to afford. If youre financing the purchase, your lender will require a home appraisal to confirm the propertys value and ensure theyre not lending more than its worth.

Pre-approval

Marco Santarelli

APRIL 23, 2025

The Fed sets the federal funds rate, which is the rate banks charge each other for overnight lending. Lenders add this “spread” to cover their costs and the risk of lending money. Look into loans like the FHA 203(k) mortgage, which allows you to finance the purchase and renovation costs into one loan.

Mortgages

GeekEstate

MAY 14, 2025

These solutions are utilized by a diverse clientele, including government entities, lending institutions, property preservation and asset management companies, insurance providers, appraisal firms, technology companies, and real estate investors, aiming to streamline workflows and improve decision-making processes in property-related operations.

Inspection

Redfin

FEBRUARY 26, 2025

How square footage affects mortgages Since square footage plays a role in a homes valuation, it can influence mortgage lending in several ways: Loan approval and appraisal impact Mortgage lenders require an appraisal to determine the value of a home before approving a loan. This documentation can be crucial during appraisals and negotiations.

MLS

BAM Media

APRIL 3, 2025

Its also worth noting that the new administrations tariff policy could drive up home values by raising the cost of building materials for new construction and home repairs and renovations. #3: The loan to values (LTV) back in 2008 were 85%; loan to values right now is 46.6%. The nested equity is $38 trillion. It’s the highest ever.

Bankruptcy

The Close

APRIL 3, 2025

of purchase price and 100% of renovation cost RCN Capital is a private lender that offers a variety of loan programs for real estate investors. It also offers lending to foreign nationals and includes no-doc and low-doc loan options for flippers who may not have typical income documentation.

Loans

Redfin

JULY 31, 2025

Preapproval: A conditional offer from a lender including how much they’re likely to lend you based on your credit, income, and finances. Over time, this equity can help you upgrade to your next home, fund renovations, or bring more financial flexibility when life changes. >>Read:

Purchase and sale agreement

AAOA

MAY 22, 2025

Fannie Mae and Freddie Mac, two major players in multifamily lending, often wont touch properties with high vacancies. Consider renovating older units. High vacancy rates not only affect financing but also gauge your competitive standing in the market. They serve as an economic indicator of the overall health of your rental property.

Finance

The Close

JULY 28, 2025

Because of this, they have a lot more flexibility in determining who they want to lend to, how much, and the specific rates and terms to offer. Common examples of required paperwork could include bank statements, property leases, and renovation estimates. With that being said, portfolio lenders aren’t all created equal.

Pre-qualification

The Mortgage Report

JUNE 13, 2025

For those living with a disability and managing a limited income—or simply looking for a more flexible lending option—an FHA loan can be a strong, accessible path to owning a home. This special version of the FHA loan allows you to finance both the home purchase and needed renovations in a single mortgage.

FHA loan

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

Fancy Pants Homes

MAY 19, 2025

Inside, hand-hewn beams and Venetian plaster lend a sense of history, while expanded openings, oversized windows, and wide-plank wood floors infuse the home with light and air.

Design

Marco Santarelli

APRIL 9, 2025

Rising interest rates and tighter lending standards can sideline potential homebuyers, reducing competition and giving investors an edge. This could involve renovations, upgrades, or even rezoning. This can lead to motivated sellers who are willing to negotiate on price and terms.

Due diligence

Marco Santarelli

JUNE 27, 2025

Access to Home Equity : Refinance options can allow homeowners to take advantage of their home equity for renovations or significant expenditures. As these rates fluctuate, potential buyers need to stay informed about market trends, lending standards, and economic forecasts that could impact their decisions.

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

Redfin

JULY 7, 2025

Insurance requirements Sometimes insurance companies order their own inspections, especially for older homes, high-risk areas, or recently renovated homes so they can assess liability hazards before issuing a policy. If evidence of pest damage is found, a more thorough inspection might be needed to determine the extent of the repairs.

Inspection