Where to Find Renovation Loans
In this episode of renovatED, Jennifer Goldsby reflects on the journey of the first season, expressing gratitude to listeners and sharing insights on the importance of finding the right renovation lender and experienced loan officers. She emphasizes the challenges of locating seasoned renovation lenders and hints at exciting topics for the upcoming Season 2, including how contractors get paid and the realities of living through a renovation project.
Takeaways
• The podcast aims to educate listeners about home renovation and financing.
• Listeners have shared positive feedback about learning from the episodes.
• Finding a renovation lender can be challenging due to a lack of published lists.
• Bigger lenders may not always provide better service.
• Local lenders can be beneficial, but not always necessary for renovation loans.
• Research is crucial when looking for specific types of loans.
• Loan officers should be experienced and knowledgeable about renovation lending.
• Asking the right questions can help identify capable loan officers.
• The podcast will cover important topics in season two, including contractor payments.
• Feedback from listeners is encouraged to improve future episodes.
Chapters
00:00 Season One Wrap-Up and Listener Feedback
02:21 Understanding Renovation Loans
04:27 Finding the Right Lender
06:41 The Importance of Experienced Loan Officers
08:56 Looking Ahead to Season Two
11:08 Introduction to Legal and Compliance in Lending
12:37 Understanding Loan Programs and Qualifications