Diane DeLauro - The Diamond Team - Your Home Loan Professional
Diane DeLauro - The Diamond Team
Sales Manager
NMLS #11974
Direct: 860-739-8197
Fax: 877-701-4064
15 Liberty Way
East Lyme (AKA Niantic), CT 06357
I am licensed to originate mortgage loans in the following state(s): CT

Video Learning

Topic: Renovation Lending - Take Advantage of Renovation and Rehab Loans Instead of Credit Cards

Diane DeLauro - The Diamond Team

Your Sales Manager in Connecticut

As a Prospect Mortgage lending professional, Diane DeLauro - The Diamond Team is knowledgeable about a wide range of different loan programs in order to serve your unique needs and financial goals. Whether you're making a first time purchase, a second home purchase or looking to refinance, Diane can help you.


Diane is also an expert on 203k Renovation Lending, a program particularly well suited for buyers of fixer-uppers and REOs in need of repair. Homebuyers can finance both the purchase and future repairs on their new home with one loan.


The Renovation Loan offers some great features. The amount of money you are permitted to borrow for the purchase and renovations is based on the increased value of your home after improvements are made. Also, because renovation costs are spread throughout the entire term of the loan, monthly payments are often lower than other financing options. With the loan, there is also no need to delay improvements. You can start in immediately after closing. Another great feature is the loan's simplicity - one application, one set of fees and closing costs, one closing to attend and one payment each month. The interest on the cost of your improvements, included in your mortgage, may be tax deductible as well.


Diane values your business and will provide you with the best professional service and mortgage solutions that make most sense for you and your unique financial situation and real estate goals.


Please contact Diane DeLauro - The Diamond Team if you’d like more information about our Renovation Loan, or any other mortgage financing solution. We offer other  Renovation Mortgages – including HomeStyle® Renovation and HomePath® Renovation Loans – to meet the needs of our borrowers for primary residences, second homes and investors. I look forward to working with you!


What are people saying about Diane DeLauro - The Diamond Team?
"The quality of service could not have been better! I really have nothing but great things to say about Diane and Prospect Mortgage. She was there every step of the way, answering all my questions ..."
- Timothy Kelly
  Waterford, CT