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NEXTA
A Few Extra Foots: HomeStyle Renovation loan can add Square Footage
By Leesa Sandoval
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Upward thinking with Fannie Mae HomeStyle Second Story Addition
By Leesa Sandoval
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Outstanding Value with Fannie Mae HomeStyle Renovation Loan
By Leesa Sandoval
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Fannie Mae HomeStyle Renovation Gives Home a Face Lift in Carrolton, Texas
By Leesa Sandoval
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Dynamic Duos: The FHA 203k and HomeStyle Renovation Loans Are Awesome
By Leesa Sandoval
You might wonder why the FHA 203k and the HomeStyle renovation loans are awesome for Texas and other part of the country. These dynamic duos in the mortgage world allow homes that would otherwise would not pass inspection or meet minimum property standards to do just that! The fear of what repairs may get “called out” simply vanishes. Any repairs that are required are allowed as well as any repairs or upgrades you would like to do to the home…as long as the home appraises to be worth the cost of the work you are rolling into the loan. Best of all repairs are not done until after the loan closes!
Read MoreTransformations Made Easy With The FHA 203k or Fannie Mae HomeStyle Loans!
By Leesa Sandoval
It’s important to have options in today’s mortgage world. When it comes to Renovation Lending, working with a lender who offers options and different programs is key to a successful closing. Being able to custom fit a loan to a particular need or circumstance is very much needed when it comes to Renovation Lending.
Read MoreTrue or False: The FHA 203k Renovation Loan in Texas is Just for HUD Foreclosures
By Leesa Sandoval
The FHA 203k Renovation loan along with its conventional counterpart, the Fannie Mae HomeStyle Renovation loan, can be used for any type of property. Furthermore either can be used for a purchase or a refinance. I think far too often these loans are associated with HUD or bank foreclosures since those homes tend to be the most distressed but that’s not always the case. This is especially true in today’s market due to the speed at which the inventory is going under contract.
Read MoreWhy Buy New When You Can Renovate?
By Leesa Sandoval
With the amount of homes on the market listed for sale, instead of starting from scratch and building new, why not buy an existing home “as is” and renovate to fit your specific taste? Find a house with some great bones, in a neighborhood you love and renovate that house to be your dream home.
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