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Finance of America now offers renovation loans

Housing Wire

Lending and services platform Finance of America Inc. announced today the launch of Finance of America Home Improvement , a new business division offering non-mortgage financing options, including renovation loans. Homeowners can also use it to access financing solutions through their contractor.

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Regions Bank places $1B bet on home renovation market

Housing Wire

Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. billion as of March 31, 2021 and is one of America’s largest specialized home improvement lenders. billion in home improvement projects.

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MAXEX unveils green energy home improvement loans

Housing Wire

MAXEX , a digital exchange platform for buying and selling residential loans, announced on Wednesday the launch of two new lending programs in collaboration with JPMorgan Chase for green energy home improvements. The post MAXEX unveils green energy home improvement loans appeared first on HousingWire. “The U.S.

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Renovation loans get pandemic boost as homeowners want home offices

Housing Wire

Of these workers, three in five said they’d prefer to work from home when restrictions are lifted. There’s a mainstay in mortgage finance poised to help in working from home. In turn, the program opens access to much-needed renovation capital for borrowers. Homeowners are serious about dedicating room for work.

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New Service is Designed to Help Homeowners Renovate

Appraisal Buzz

The lending and services platform Finance of America has introduced a home improvement financing product offered to consumers through approved contractors. The post New Service is Designed to Help Homeowners Renovate appeared first on DSNews.

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Finance of America to acquire Parkside’s wholesale biz

Housing Wire

Finance of America intends to acquire Parkside Lending ‘s third-party origination channel operation for $40 million, the publicly traded lender and servicer announced Tuesday. Our TPO business is a part of our long-term growth strategy,” Bill Dallas, president of Finance of America Mortgage, said in a statement.

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44 New Home Improvement and Renovation Statistics for 2022

Raleigh Realty

All that staring at the same walls has probably made many realize — it’s been a while since your home had a fresh coat of paint. If you’re considering a home renovation, you might be looking for some insight on what other homeowners are doing. billion in the United States alone by the end of 2022.