Location, location, location. The key to any real estate transaction is location, and when buying a home, you always put that first.
You found a great house, in a great neighborhood but the kitchen is small and outdated, the appliances are old, and the lights are awful. If only that kitchen were new, the home would be perfect! You have the money for the purchase of the house but not the funds to renovate that kitchen.
There is no need to walk away from this home or stress over its short comings. You can confidently buy this home using a Home Style or an FHA 203k rehab loan that will provide the funds for your kitchen makeover. There is virtually no limit to what you can do with a rehab loan: windows, flooring, bathrooms, appliances, additions, the list goes on and on.
The process is simple. Have a contractor tour the house with you and go over the renovations you want to have done. Once the estimate for the work is ready, you simply submit the paperwork for the lender’s review, and they will make any necessary adjustment to include the renovation costs in your loan. The lender will also check the contractor’s credentials to ensure they are properly licensed and insured.
We have fast and convenient loan programs that will turn your “Like it” house into your “Love It” home.