Finding a contractor is one thing. Finding the right contractor for a renovation loan is another.

In this episode of renovatED for Lenders, Jennifer “The Reno Gal®” Goldsby explains how mortgage loan officers can help borrowers navigate the contractor search without selecting or endorsing a contractor for them. Learn where borrowers can look for qualified candidates, which questions they should ask, what warning signs deserve attention, and why renovation loan experience is helpful—but not the only measure of a contractor’s ability to succeed.

Sponsored by Land Gorilla

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

Contractors play a critical role in every renovation loan—but many enter the process without fully understanding when they will be paid, the draw process, or what documentation they must provide.

In this episode of renovatED for Lenders, Jennifer “The Reno Gal®” Goldsby explains how mortgage loan officers can set clearer expectations with contractors before work begins. Learn how the draw process differs from a traditional remodeling project, why contractors are generally paid for completed work, how inspections and lien waivers affect disbursements, and why adequate working capital matters.

Clear communication at the beginning of the transaction can help prevent delayed draws, payment disputes, stalled projects, and frustrated contractors later.

Sponsored by Land Gorilla

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

A contractor’s bid does far more than establish the cost of a renovation project. It becomes the roadmap used to evaluate the project, structure the loan, process draws, and determine how much the contractor has earned as work is completed.

In this episode of renovatED for Lenders, Jennifer “The Reno Gal®” Goldsby explains why vague, incomplete, or lump-sum bids can create costly problems long after closing. Learn what a contractor's bid should contain, why labor and material costs must be assigned to individual work items, and how stronger bid requirements help protect the borrower, contractor, lender, and renovation budget.

Sponsored by Land Gorilla

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