More with the Renovation Loans Advantage
|Why RenovationLoans.com? Several reasons...
- Hundreds of Programs for all types of borrowers
– We specialize in one thing, residential mortgage financing.
We have programs for all borrower types, there is
no need to put you're A+ customer into a high rate catch-all
program. Why is that important to you? Because we help make
your improvements more affordable, in many cases, allowing
for extra work to be done. How will you feel when we call
to tell you there is room for the rest of the work your
customer thought they couldn't afford?
- Local / In-House Underwriting and Closing - Our
entire process is done with our own staff, in house. We
are not brokers so we have better control of the process,
more consisetnt underwriting and much faster processing
and closing times.
- Higher Closing Ratios - With one of the highest
closing ratios in the business, we get more of your customers
financed. We treat each customer as an individual and give
100% effort to get them approved. Our knowledge and expertise
helps us provide financing for many customers other lenders
have turned away.
- Guaranteed Payment – Our renovation financing
programs protect you with written draw schedules and once
authorized, construction draws are payable directly to you.
- Debt Consolidation benefits you – Because we work
with your customers to refinance and consolidate other debts
and high interest credit cards, we make the work you do
more affordable. In many cases, we provide low interest
financing solutions to your customers that allow them to
finance your job with little or no increase in monthly expenses.
- Local Appraisers and increased values – Because
we only use local appraisers familiar with local property
value trends, our appraisals (and loan amounts) are higher
than other lenders that use national appraisal companies
and computerized valuation models.
- Keeping you in the loop - Our loan specialists
have extensive experience working with both homeowners and
contractors. We keep you informed and in the loop every
step of the way.
Here is an example:
Bob and Jane had a contract to have their
kitchen renovated for $30,000. They wanted to replace their
old windows with more efficient ones but based on the payment
the contractor quoted with the additional $20,000 in improvements,
they decided to put off the windows until a later date.
The contractor then had difficulty getting them approved
for any financing at all and eventually came to us for a solution.
Our loan specialist was not only able to get an affordable
financing package approved for Bob and Jane,
he restructured some of their other debts and was able to
make it affordable for them to finance the Kitchen and the
Our loan specialist notified the contractor that the additional
money was available and the customer wanted to move forward.
They sent the sales rep back out to the home and wrote up
the additional work.
Close More Deals/The Renovation Loans
History | Contact
Renovation Loans.com | Scott Eisgrau [NMLS 138186]
Toll Free Nationwide: (888) 562-6510 | Baltimore Area: (443) 738-9138