The market is tight. Home prices continue to increase. The mortgage game is uber-competitive. You know that. But do you have every tool available that can help you succeed and grow your business in our current landscape? If you’re not currently offering renovation loans, you may be missing out on a huge opportunity.
At PrimeLending, we know how important it is to equip our loan officers with products that are real solutions for customers, while also providing real opportunities for career growth. That’s why we’re dedicated to creating and offering the best renovation programs that can appeal to house hunters on the lookout for a fixer upper and homeowners in need of major updates.
With a best-in-class 18 renovation programs, PrimeLending is where both buyers and homeowners can finance the work needed to turn a house they like and into a home they love. Check out these renovation products PrimeLending Loan Officers have to offer:
- Fannie Mae HomeStyle®: Perfect for renovating older homes in established neighborhoods with fewer costs.
- EZ "C"onventional: Creates dedicated account to cover costs of updates. Ideal for cosmetic and non-structural improvements.
- Manufactured Home Renovation: This exclusive product allows manufactured homeowners to renovate their home.
- Buyer/Seller Funded Repair Escrow: When a home being sold needs repairs, this product helps the seller fund an escrow account for the buyer to complete the necessary upgrades after closing.
We’re relentless in our efforts to study the market, we listen to our Loan Officers’ needs, and we deliver. Not only do we offer more renovation programs, we offer an industry-leading process that makes the renovation experience simple and hassle-free for everyone.
If you’re looking to become the go-to renovation lender in your market, PrimeLending can help make it happen.