This episode delves into the complexities and challenges of renovation lending, explaining why renovation loans are so difficult to find in the market. Jennifer Goldsby discusses the barriers to accessing these loans, including the lack of training and support for lenders, the difficulties in finding qualified contractors, a lack of interest on behalf of real estate agents, and the diminishing number of 203(k) Consultants. The discussion emphasizes the importance of education and awareness for both consumers and lenders in
navigating the renovation lending landscape.
Jennifer Goldsby, NMLS 591226
VP, Renovation Lending
Diamond Residential Mortgage Corporation, NMLS 186805
Equal Housing Opportunity
TheRenoGal.com or (844) RENO-GAL
