Design Investors Lending Renovations 
Housing Wire
JUNE 30, 2022
Not only does Flagstar offer brokers direct access to seasoned sales, support and underwriting teams, it also provides a product set that includes specialty lending options like Advantage non-agency loan, jumbos, new construction, renovation products and HELOCs, and in the pipeline, loans to foreign nationals, seconds and investor property loans.
Housing Wire
JUNE 8, 2021
One issue is that among the low inventory, there are even fewer homes that are move-in ready, said Keith Lind, executive chairman and president of Acra Lending. “We The average home age in the United States is about 40 years old, so there’s a huge stock of homes that need to be renovated.”.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
SEPTEMBER 24, 2021
As investors recognize the potential these older properties hold and the inventory and profits they could open up in such a red-hot housing market, demand for older, more distressed properties should increase. Traditional lending approaches are time-consuming when it comes to fix-and-flip properties. The only problem?
Housing Wire
JULY 23, 2021
Acra Lending is doing what it can to help free up inventory. Acra’s jumbo prime mortgage solution is designed to provide borrowers with the larger loan amounts needed to purchase a high-value property, with loan amounts up to $3 million. Acra Lending plans to launch its fix’n’flip loan program in the coming weeks.
Cleveland Appraisal Blog
AUGUST 25, 2022
You’ve just purchased your first property to renovate. Today, Cleveland Appraisal Blog shares a few tips for first-time investors. Keep in mind that investment homebuyers will be required to put down a minimum of 15% to secure financing, according to Lending Tree. Let the Renovations Begin! Decide on How to Proceed.
Housing Wire
JULY 6, 2023
One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. Where might added inventory come from, if the bulk of existing homeowners continue to remain on the sidelines?
Appraisal Buzz
SEPTEMBER 5, 2022
It took several years to re-establish effective and meaningful communication between appraisers and their lending partners. When it comes to lending activity, appraisal revisions have always been a part of the appraisal process. There was also a breakdown in communication between lenders and their appraisal partners.
Expert insights. Personalized for you.
313 
Let's personalize your content