One Home. One Loan. More Possibilities.
Buying a home that needs work? You may not need two separate loans.
Renovation financing may allow qualified buyers to combine the purchase of a home and eligible renovation costs into one mortgage.
That could mean buying the home with:
β’ The outdated kitchen
β’ The bathroom that needs remodeling
β’ The old flooring
β’ The aging HVAC system
β’ The roof that needs attention
β¦and financing eligible improvements as part of the renovation loan.
Depending on the program, financing may also consider the property's expected as-completed value after the planned improvements.
The house doesn't necessarily have to be perfect on closing day.
Sometimes you can buy the right property and make it your own afterward.
Would you like more information? Click Here
Robert Clark
Home Loan Consultant
Firestone Financial Group
209-227-7745
robertclarkloans.com
NMLS #357788 | Firestone Financial Group NMLS #301522
Advertising Disclosure: This information is for educational purposes only and is not a commitment to lend. Loan programs, guidelines, eligible improvements, credit requirements, down payment requirements, rates, fees and terms are subject to change. All loans are subject to borrower qualification, credit and property approval, and applicable program guidelines.
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.