Renovation Loans Aren't Just for Fixer-Uppers
Renovation loans aren't just for major fixer-uppers.
Maybe you love the neighborhood and floor planโbut not the kitchen.
Maybe the home needs new flooring, windows or HVAC.
Or maybe you'd like to make larger improvements such as an addition, garage or eligible ADU.
Depending on the program, renovation financing may allow qualified buyers to purchase the property and finance eligible improvements with one mortgage.
Fannie Mae HomeStyleยฎ is particularly flexible and may be available for eligible:
โ Primary residences
โ Second homes
โ Investment properties
So don't automatically eliminate a home simply because it needs some work.
The property you're overlooking today might have the potential to become exactly what you're looking for.
For more information Click Here
Robert Clark
Home Loan Consultant
Firestone Financial Group
209-227-7745
rbrtclark53@gmail.com
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, occupancy requirements, credit 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.