More  
Close More Deals/The Renovation Loans Advantage

Why RenovationLoans.com? Several reasons...

  • Hundreds of Programs for all types of borrowers – We specialize in one thing, LOANS! We have programs to fit borrowers with credit scores from 480 to 850 and everything in between. Because we have programs for all borrower types, there is no need to put you're A+ customer into a high rate catch-all program. Nor do we turn away those with challenged credit or hard to prove income. Why is that important to you? Because we help make your improvements more affordable, in many cases, allowing for extra work to be done. How will you feel when we call to tell you there is room for the rest of the work your customer thought they couldn't afford?
     
  • Higher Closing Ratios - With one of the highest closing ratios in the business, we get more of your customers financed. We treat each customer as an individual and give 100% effort to get them approved. We provide financing for many customers other lenders have turned away.
     
  • Guaranteed Payment – For the protection of both parties, checks to cover the cost of improvements are written to the contractor and the homeowner.
     
  • Debt Consolidation benefits you – Because we work with your customers to refinance and consolidate other debts and high interest credit cards, we make the work you do more affordable. We often provide low interest financing solutions to your customers that allow them to finance your job at no additional monthly expense.
     
  • Local Appraisers and increased values – Because we only use local appraisers familiar with local property value trends, our appraisals (and loan amounts) are higher than other lenders that use national appraisal companies and computerized valuations.
     
  • Keeping you in the loop - Our loan specialists have extensive experience working with both homeowners and contractors. We keep you in the loop every step of the way.
     


Why our process works:

Because we work closely with the homeowners we are often able get financing secured when other lenders can't. Our experienced staff works to resolve credit and income qualifying issues, often times negotiating payoffs and restructuring other debts in order to make things work better for your customer. In many cases we are able to get your improvements financed without increasing your customers' monthly expenses at all or we are able to make room for additional work the customer did not think they could afford.


Here is an example:

"Customer A" had a contract to have their kitchen renovated for $30,000. They wanted to replace their old windows with more efficient ones but based on the payment the contractor quoted with the additional $20,000 in improvements, they decided to put off the windows until a later date. The contractor then had difficulty getting them approved for any financing at all and eventually came to Allymac for a solution. Our loan specialist was not only able to get an affordable financing package approved for "Customer A", he restructured some of their other debts and was able to make it affordable for them to finance the Kitchen and the Windows. Our loan specialist notified the contractor that the additional money was available and the customer wanted to move forward. They sent the sales rep back out to the home and wrote up the additional work.

 



Close More Deals/The Renovation Loans Advantage
History  |  Contact  |  Home

Renovation Loans.com | 10999 Red Run Blvd., Suite 113 | Owings Mills, MD 21117
Toll Free Nationwide: 888.56sss2.6510 | Baltimore Area: 410.902.4660

Powered by innovative consultants, LLC.