Renovation Builders Risk is a patented, web-based insurance program that enables Hard Money/Rehab Lenders to offer tailored builder’s risk protection to renovation contractors and real estate investors in conjunction with their Hard Money/Rehab Loans.
Renovation Builders Risk protects both the lender’s and borrower’s financial interests in the rehab project by covering both the existing structure before repair and the additional property values as the renovation work progresses.
Renovation Builder’s Risk offers broad protection for residential or small commercial rehab projects up to $500,000 per building. |