Reason for Refinance?
JASON PETTERSONInvestor at Pear Inc.
MARCUS BLIFFORDVP Marketing at Footbook
HELLEN LEEAccountant at Vell Inc.
Talk With A Seasoned Rehab Loan Specialist
See which Renovation Mortgage Program your scenario or property may be eligible for.
203k Lenders
855-532-3767
Home Refinance
home improvement or better rates
203K Structural
adding rooms and knocking down walls
203k Streamline
carpets, paint and other cosmetic upgrades
FNMA Hom eStyle
home improvement or better rates
Energy Efficient
home improvement or better rates
FNMA HomePath
home improvement or better rates
Most of the popular rehab mortgage loan programs follow basic pre-qaulification process similar to traditional home loans to determine a borrower’s eligibility, which is typically based on common factors including credit, income, employment and down payment.
The primary benefit of renovation mortgage programs, such as the FHA 203k loan, is that it allows a buyer to borrow the money to purchase the home and also finance any repairs that are needed and/or desired.
Since the amount of available renovation funds differ between the available rehab loan program according to appraised value, loan amount and the type of upgrades that are planned, the first step in getting pre-qualified for a renovation loan is to talk with a few licensed FHA 203k Lenders and ask them about their expeience with rehab loans.
Once you find a renovation lender that you can trust and feel confident with, your next step will be to complete a formal secure application which will give that lender permission to pull a copy of your credit history and match your lending scenario with a rehab loan program that best fits your downpayment and monthly budget goals.
Most of the popular rehab mortgage loan programs follow basic pre-qaulification process similar to traditional home loans to determine a borrower’s eligibility, which is typically based on common factors including credit, income, employment and down payment.
The primary benefit of renovation mortgage programs, such as the FHA 203k loan, is that it allows a buyer to borrow the money to purchase the home and also finance any repairs that are needed and/or desired.
Since the amount of available renovation funds differ between the available rehab loan program according to appraised value, loan amount and the type of upgrades that are planned, the first step in getting pre-qualified for a renovation loan is to talk with a few licensed FHA 203k Lenders and ask them about their expeience with rehab loans.
Once you find a renovation lender that you can trust and feel confident with, your next step will be to complete a formal secure application which will give that lender permission to pull a copy of your credit history and match your lending scenario with a rehab loan program that best fits your downpayment and monthly budget goals.
Most of the popular rehab mortgage loan programs follow basic pre-qaulification process similar to traditional home loans to determine a borrower’s eligibility, which is typically based on common factors including credit, income, employment and down payment.
The primary benefit of renovation mortgage programs, such as the FHA 203k loan, is that it allows a buyer to borrow the money to purchase the home and also finance any repairs that are needed and/or desired.
Since the amount of available renovation funds differ between the available rehab loan program according to appraised value, loan amount and the type of upgrades that are planned, the first step in getting pre-qualified for a renovation loan is to talk with a few licensed FHA 203k Lenders and ask them about their expeience with rehab loans.
Once you find a renovation lender that you can trust and feel confident with, your next step will be to complete a formal secure application which will give that lender permission to pull a copy of your credit history and match your lending scenario with a rehab loan program that best fits your downpayment and monthly budget goals.
