Remove Construction Remove Equity Remove Renovation
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Finding qualified contractors is the biggest obstacle to reno projects

Housing Wire

Home renovation projects could bring a variety of safety and efficiency improvements to older construction, but anxiety is a key element keeping many homeowners from exploring renovation projects. Home prices and mortgage rates also factored into the perspectives of those planning for home renovation projects.

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Portrait of a pre-foreclosure peacemaker

Housing Wire

The rest are saving their equity with us by either selling to us or allowing us to list.” But the magnitude of the discount for some buyer segments, coupled with an analysis of subsequent resales (flips), points to possible equity stripping in some cases. Most of the homeowners don’t qualify for refinancing. “I I give them everything.

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Deephaven’s Tom Davis: ‘Either you take market share, or someone takes yours’

Housing Wire

For example, 30% of purchase transactions were new construction last year. If you’re a loan officer, you should have a construction product that focuses on builders, developers and Realtors. And, its focusing on areas like construction, non-QM, the fix-and-flip and second lien production.

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How non-QM loans boost mortgage originator for success in 2025

Housing Wire

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. If that isnt spectacular enough, Deephaven offers interest-only options for maximum property cash flow alongside cash-out solutions to consolidate debt and unlock equity. Why is that important?

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Ascent Developer Solutions launches to serve construction loan needs

Housing Wire

Ascent Developer Solutions , a private mortgage lending platform, announced its launch Friday in conjunction with an equity infusion from Elliott Investment Management. Founder and CEO Robert Wasmund has a deep background in the residential construction and bridge lending industry. “We now known as Rithm Capital.

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HouseAmp, Renovation Sells seek to streamline the presale process

Housing Wire

What do you get when you combine home renovation specialists with a lender that can provide funds in short order? The new partnership between HouseAmp and Renovation Sells. The Renovation Sells platform focuses on design and construction, while the loans come from HouseAmp.

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Biden to call for first-time homebuyer tax credit, construction of 2 million homes

Housing Wire

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. The White House estimates that this “will raise an additional $3.79