203krehabnow

Utilizing A Renovation Loan vs. Buying a New Home

Leesa Sandoval By Leesa Sandoval
January 26, 2022

Is the grass truly greener on the other side? If you’re unhappy with your home, you might have wondered about either moving to a newer one or turning it into the house you want with a handful of home renovation projects. When making your decision, you want to consider factors such as location, budget, long-term

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FHA 203(k) Loans vs. FNMA HomeStyle® Loans?

Leesa Sandoval By Leesa Sandoval
January 24, 2022

FHA 203(k) Loans vs. FNMA HomeStyle® Loans – Which is better for you? A mortgage renovation loan comes in many flavors, and CMG Home Loans offers two: FHA 203(k) and FNMA HomeStyle®. When it’s time to make changes to your home, the loan you choose will be determined by several factors, including the kind of

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How Can Texas Owelty Liens Aid Your Divorce or Property Split?

Leesa Sandoval By Leesa Sandoval
December 17, 2021

Most people have never heard of a Texas Owelty Lien.  And hopefully, most people will never need one!  However, if you do, we can certainly help you with this difficult task. “Owelty” means equality, and Owelty liens are used when property needs to be split, such as in a divorce or multiple-person inheritance where one

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Stress-Free Holiday Renovation Ideas

Leesa Sandoval By Leesa Sandoval
December 6, 2021

Decorating your home is a big part of the holiday celebration. Whether you have family coming over or just want to enjoy your well-decorated home, here are a few simple ways to spruce up for the holidays!

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When To DIY vs Hiring a Contractor

Leesa Sandoval By Leesa Sandoval
November 11, 2021

We all love the idea of taking on a big goal, learning as we go, and accomplishing something great. However, it’s a good idea to know your limits and get professional help when necessary for home improvements. First, let’s take a step back and look at the do-it-yourself (DIY) movement in general. Though the name

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Home Renovation Goals For 2021

Leesa Sandoval By Leesa Sandoval
November 11, 2021

Turning the home you have into the one you want requires vision and, frankly, money. If your home improvement projects require more than what you have saved, a renovation loan is a great way not only to bridge the gap but to do it affordably. Renovation lending will enable you to pay for both minor

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What Can I Use a 203k Loan For?

Leesa Sandoval By Leesa Sandoval
July 29, 2021

Whether you’re a homeowner or a homebuyer, you may have a list of major renovations you’d like to get started on. Even minor repairs such as a new paint job or bathroom plumbing issues may leave you wishing for a change. If you’re unsure how to fund those changes, the solution may be an FHA 203(k) loan!

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Can I Qualify For A 203k Loan?

Leesa Sandoval By Leesa Sandoval
July 29, 2021

If you’re a homeowner, you may have a list of home improvement projects you’ve been meaning to tackle. If you’re shopping for a home, you may have seen listings in need of significant TLC but which are in great neighborhoods. In both instances, a 203(k) Rehab Mortgage may be the right solution for you.

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How Does the Fannie Mae Homestyle Mortgage Loan Work?

Leesa Sandoval By Leesa Sandoval
January 28, 2021

All About The Fannie Mae Homestyle ®  Mortgage Home is where the heart is” might be a common saying on housewarming gift cards everywhere, but it also has the merit of being true. Making your home a place you feel at peace in might seem challenging, but it’s often just a matter of getting the

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How Does the 203k Rehab Mortgage Loan Work?

Leesa Sandoval By Leesa Sandoval
January 21, 2021

All About The 203k Rehab Mortgage If you’re a homeowner, you may have a list of home improvement projects you’ve been meaning to tackle. If you’re shopping for a home, you may have seen listings in need of significant TLC, but which are in great neighborhoods. In both instances, a 203(k) Rehab Mortgage may be

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