Your First Home May Need a Little Work

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 First-time homebuyer? Don't assume you can only consider move-in-ready homes.

A home that needs updating may still be worth a second look.

Renovation financing may allow qualified buyers to combine the purchase of a home and eligible improvements into one mortgage.

Depending on the program, options may include:

✓ Fannie Mae HomeStyle® Renovation
✓ FHA 203(k)
✓ USDA Renovation
✓ VA Renovation

Eligible first-time homebuyers using the HomeReady® option with HomeStyle may potentially qualify with as little as 3% down, subject to income and other program requirements.

The renovation programs we currently offer require a minimum middle credit score of 620.

Before eliminating a home because of an outdated kitchen, old flooring or needed repairs, it may be worth finding out what renovation financing could make possible.

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, down payment requirements, income limits, eligible improvements, 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.