Is the proposed renovation structural or non-structural—and why does that matter?

In this episode of renovatED for Lenders, Jennifer “The Reno Gal®” Goldsby offers a practical first screen for identifying work that may require a renovation program permitting structural improvements. From additions and load-bearing walls to floor joists, roof framing, foundations, chimneys, and staircases, learn which project details should trigger additional questions before discussing loan eligibility with a borrower.

Sponsored by Land Gorilla

renovatED for Lenders is the podcast dedicated to helping mortgage lenders build, improve, and scale successful renovation lending platforms.

When a property has sustained insured damage and the borrower also needs renovation financing, two sources of funds may be available—but they do not operate under one shared set of rules.

In this episode of renovatED for Lenders, Jennifer “The Reno Gal®” Goldsby explains why insurance claim proceeds and renovation mortgage funds cannot simply be combined into one undifferentiated project budget. Each source may have its own approved scope, documentation requirements, inspections, disbursement procedures, and oversight.

Sponsored by Land Gorilla

renovatED for Lenders is the podcast dedicated to helping mortgage lenders build, improve, and scale successful renovation lending platforms.

In this episode of renovatED for Lenders, Jennifer “The Reno Gal®” Goldsby examines the practical difference between homeowner’s insurance and builder’s risk insurance, why renovation lenders need to address coverage early, and how changes to the property’s condition or occupancy can affect insurability.

Jennifer is not an insurance expert, and the appropriate coverage must be determined by a qualified insurance professional. However, mortgage loan officers and loan processors should know when to involve the borrower’s insurance agent, what questions need to be resolved before closing, and why assumptions about coverage can expose the borrower, contractor, and lender to unnecessary risk.

For a consumer-focused discussion featuring Susan Morgan of Shepherd Insurance, listen to the companion episode of renovatED: Homeowner’s Insurance vs. Builder’s Risk Insurance.

Sponsored by Land Gorilla

renovatED for Lenders is the podcast dedicated to helping mortgage lenders build, improve, and scale successful renovation lending platforms.