Looking to buy a fixer-upper and make it your own special dream home with one loan? Yes, you can go from drab dream home with one loan! This makes the renovation project and financing go smoother. I’m sure I can find you the perfect fixer-upper that you can envision being beautiful. Or, a home that’s almost there, but just needs a bit of renovation.
My team and I work very hard to provide options that suit various home buyer needs and ensure the real estate transaction goes as smoothly as possible.
If you are interested in “trading up”, I have an excellent, proven marketing plan to sell your current residence.
Going from drab to dream can be done via a Homestyle Renovation Mortgage available to those who qualify. It provides a convenient way to make renovations, repairs, or improvements totaling up to 50% of the as-completed value of the property with a first mortgage, rather than a second mortgage, home equity line of credit, or other, more costly financing methods. This option enables borrowers/buyers to obtain a purchase transaction mortgage and receive funds to cover the costs of repairs, remodeling, renovations, or energy improvements to the property! This program can be used for owner-occupied residences, second homes, or investment properties. Low down payment of 5% is available. Loan is based on as-completed value of the property. 15 and 30 year amortizations are available.
What can be done?
Let me find you an awesome home that needs YOUR personal touches or a home that almost suits your needs, but just needs a bit of improvement. The financing is available. Let me and my team work for you.