How Contractors Get Paid (with renovation loans)

28/07/2025 17 min Temporada 2 Episodio 13

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Episode Synopsis

In this episode, Jennifer “The Reno Gal®” Goldsby discusses the challenges faced by contractors in the remodeling industry, particularly regarding payment delays from homeowners. She explores the draw process of various renovation mortgage options, including FHA, conventional, USDA, and VA loans, detailing the complexities and how contractors can navigate these effectively. The conversation highlights the importance of understanding payment structures and the impact of economic trends on the remodeling sector.Jennifer Goldsby, NMLS 591226VP, Renovation LendingDiamond Residential Mortgage Corporation, NMLS 186805Equal Housing OpportunityTheRenoGal.com or (844) RENO-GAL