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Renovation Loans Don't Have To Be Complicated When You're Working With a Renovation Expert

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AFFORDABILITY

You can also take advantage of cancellable mortgage insurance and today’s competitive interest rates, which may be lower than a home equity line of credit or personal loan.

FLEXIBILITY

Renovation Loans can be used for any renovation project such as updates to an older home, extensive design improvements, and even to construct or renovate additional living spaces.

SIMPLICITY

Renovation funds get bundled into your mortgage under one loan, so you only make one monthly payment.

Step One

We’ll work closely with you to obtain all documentation within 7 days of the date of your application, ensure that it’s complete and accurate, and submit it to loan processing for review.

Step Two

A loan processor will review your documentation within 24 hours and complete that review within 2 days of receipt. The processor will then submit your loan to underwriting.

Step Three

Your loan will be assigned to an underwriter who will complete an initial review within 24 hours. If any conditions are required, your loan will be sent back to the processor to clear them and prepare for closing — all within 7 days of the underwriter’s initial review. Once complete, the loan will be sent back to underwriting for final review and approval.

Step Four

The underwriter will issue a clear to close (CTC) and assign the loan back to the processor who will inform all parties of the CTC, verify the closing date and time, and place the loan in the closing queue. The closer will have 24 hours to provide closing documentation to the settlement agent.

Step Five

You’ll attend the closing with your agent and sign all remaining documentation.

What My Clients Have to Say

"Patrice Watkins provided excellent service to me throughout the entire process."

My loan officer, Patrice Watkins, provided excellent service to me throughout the entire process from application to close. She is very friendly and went above and beyond to ensure that I knew what was expected and answered all questions I had relating to the loan process itself, sometimes working extended hours.

Stephanie S

"She knows the industry and was consultative in her approach."

Patrice personalized our experience. We felt like she only had our file and dedicated only to us. How she manages that is amazing. We have already recommended her to friends and business associates. She knows the industry and was consultative in her approach. A true rare find in this business. She is a gem!

Kenneth T

Patrice Watkins was extremely patrient and very helpful.

Patrice Watkins was extremely patrient and very helpful. She explained everything in detail and made sure I was always handing the papers she requested.

Lloyd F

She made the entire process easy for me to understand.

Ms. Watkins was helpful every step of the way. She made the entire process easy for me to understand and answered all of my questions, even multiple times when needed.

Trenace G

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