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Making Sense of the FHA 203k and the Fannie Mae HomeStyle Renovation Loan
By Leesa Sandoval
We all want options so what’s better than having options when it comes to financing the purchase of your new home or the refinance of your current home? Taking this a step further let’s consider not only financing but also renovating that home! Yes, there are options with respect to the FHA 203k Renovation loan and the Fannie Mae HomeStyle Renovation loan. Both of these have had a lot of press lately so it’s important to understand the options and to pick the loan that best fits your needs. That’s where I come in…Let’s compare the FHA 203k Renovation loan to the Fannie Mae HomeStyle Renovation loan.
Read MoreHUD Homes: How To Purchase and Renovate With Only $100 Down
By Leesa Sandoval
Ever heard of the HUD 100 program? I’m amazed that so many people are surprised when they hear they can purchase and renovate a home with a down payment of only $100.00!! Housing and Urban Development (HUD) has a great program, that actually has been around for quite some time, called the HUD 100 program. Basically, if the home you want to purchase qualifies than you can purchase the home and your down payment is reduced to simply $100.00.
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