Plaza News + Updates

Get a Boost with Correspondent Renovation Lending

Posted by Plaza Correspondent on June 7, 2021

Tight inventory and rising home prices are forcing many homebuyers to consider “fixer-uppers” and simultaneously buy and renovate. As the number of home purchases using renovation loans increases, so does your pipeline. That’s where we come in to help make it easy for you to capture more business in this growing lending segment.

From FHA 203(k) and Fannie Mae® HomeStyle® to Freddie Mac CHOICERenovation® and VA Renovation loans, we can purchase any of these renovation loans on a delegated and non-delegated (where we underwrite for you) basis. And, with a variety of delivery methods to choose from – Bulk, Best Efforts, Single Loan Mandatory and Bulk AOT – we have the flexibility to fit your needs.

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Topics: National Correspondent News, Correspondent Certified Loan Program, National Correspondent Program Updates

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