The U.S. Department of Housing and Urban Development (HUD) recently released its year-end 203(k) endorsement summary report and HomeBridge Financial Services ranks No. 1 in 203(k) loans for 2017!

With its year ending September 30, HUD reported that HomeBridge had 1,083 endorsements for 2017, which was 217 more than any other lender. Once a 203(k) loan is funded, it is sent to HUD for an FHA insurance endorsement. HUD reviews the file for completion and provides the Mortgage Insurance Certificate, which deems the file endorsed.

“It’s a great honor to be the No. 1  FHA 203(k) lender in the nation,” said Steven Marshall, HomeBridge’s National Renovation Manager, “but our primary objective is to be known as the ‘Best Renovation Lender’ in the country. Being No. 1 is a huge bi-product of achieving that objective.

“We want to be sure that our customers know that a renovation loan allows them to personalize and customize the purchase of their new home in order to maximize the comfort and enjoyment for their family. The HomeBridge team is here to help them navigate the process. Our status as the No. 1 renovation lender is due to a team effort including Sales, Operations and Management. Together we work tirelessly to make sure we exceed our customers’ expectations throughout the lending process.”

Other keys to HomeBridge’s success have been hiring top-tier renovation talent and creating a dedicated Renovation Concierge team, which gives more attention and a specialized experience to every renovation loan entering the pipeline.

“Our goal is to not only be the No. 1 renovation lender in America,” said Rick Floyd, HomeBridge Executive Vice President, “but to also be the most recommended mortgage company in the country. I am so very proud of our leadership and team members who focus each and every day on making this goal a reality.”

Contact your local HomeBridge Originator if you would like to learn more about HomeBridge’s renovation financing programs!

Related Articles

      If you’re in the market to purchase a home and concerned that rising interest rates could price you out of the home you’re looking at, then this article is for you. First, you need to understand what the difference in your monthly payment could be if the…
Read More of the post Why Rate Isn’t Everything

No Crash Zone. A Current Outlook on the Housing Market. By: Michael Pennington   Are you concerned that the housing market will crash like it did in 2008? That the cost of homes has skyrocketed so high that they are bound to come spiraling down and result in a market…
Read More of the post Why the Market Won’t Crash

As the weather changes, many homeowners are ready to not only get some spring cleaning done but to upgrade their home and make the most of spring this year and every other year. If you’ve wondered what home improvement projects will set your backyard up for success this season, three…
Read More of the post Three Backyard Renovations to Help You Enjoy the Spring!

Homebridge’s Diversity & Inclusion Advisory and Support Council In our continuing efforts to create a more equitable workplace, Homebridge established its Diversity & Inclusion Advisory and Support Council. This group will have two primary roles. First, to serve as a think tank for initiatives that will help foster and grow…
Read More of the post Homebridge’s Diversity & Inclusion Advisory and Support Council