Understanding Consumer Renovation Loan Products to Grow Your Business
The need and popularity for home renovations are growing at an expansive rate. The opportunity is present for lenders to capitalize on this potential business and provide borrowers with the loan products needed to renovate.
Join Land Gorilla to learn how to get started with 203(k) and HomeStyle Renovation loans, typical renovation loan processes and costs, required disclosures, and key performance indicators essential to their success.
Learning objectives:
- Overview of 203(k) and HomeStyle Renovation loan programs
- Best use cases for each type
- The processes and players involved
- Renovation program conditions and considerations
- Key performance indicators