Renovation or Rehabilitation Loans
Are you looking to buy a home but can’t find a move-in ready home in your desired neighborhood? Would you like to make improvements to your current home but don’t know how you’ll pay for the improvements? A renovation or rehabilitation loan may be the product you are looking for!
You can buy a home or refinance your current home, plus make wanted or needed improvements just after closing. Achieve two goals with one loan.
Benefits:
- Purchase or refinance a home in almost any condition, plus make wanted or needed renovations with one application, one loan approval, and one monthly mortgage payment.
- Repay your renovation costs over the course of the loan.
- Improvements to your home may increase the value.
