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Looking Back At Some Great Uses For Renovation Loans
By Leesa Sandoval
Looking back it’s clear we have had a lot of great renovation loan projects so far this year! Renovation loans are so versatile that they can be used for purchases, refinances and even singular items. Let me share with you some examples of some recent projects and how the loans can vary. Location: McKinney, TX
Read MoreDid You Know? FHA 203k Renovation Loan Power!
By Leesa Sandoval
Did You Know? FHA 203k Renovation Loan Power! There are many advantages to the FHA 203k Renovation loan in Texas. Let’s review some of the most often asked questions and see if you knew it was possible… Number #1 most often asked question is…Can foundation work be rolled into an FHA 203k Renovation loan? YES!
Read More4 Reason Why Renovation Mortgage Loans Work!
By Leesa Sandoval
Renovation Mortgage Loans such as the FHA 203k and the Fannie Mae HomeStyle are so exciting that we just can’t keep some of the recent projects to ourselves. It’s been a busy April and we just had to share some success stories. The possibilities are endless and with some vision as well as one of these great loans a lot is possible!
Read MoreMove Up, NOT Out – Exploring the Renovation Refinance
By Leesa Sandoval
Renovation Refinances – After Repair Value Provides More Room to Renovate 203k & HomeStyle Renovation Mortgages – Turn YOUR House BACK Into YOUR Dream Home Life, inevitably, comes with change. Babies are born, those babies grow up, they head off to college. Income fluctuates up and down with good and bad economic times, promotions,
Read MoreRenovation Mortgage Loans Are Rocking Early in 2014
By Leesa Sandoval
Renovation mortgage loans are really taking off early in 2014. People are seriously realizing how valuable renovation loans are when it comes to purchasing and renovating a property. Renovation loans such as the Fannie Mae HomeStyle and the FHA 203k allow for so much…check out some recent projects that are kicking off and stay tuned for “after pictures.”
Read MoreChoosing Your FHA 203k Lender Is A Crucial First Step!
By Leesa Sandoval
There are a lot of moving parts with a FHA 203k loan. So…how do you know what lender is the best to work with? In looking at the HUD endorsement report I have to admit I was surprised at how many lenders are approved to do the FHA 203k loans and what was more surprising was how few were actually done by the companies listed.
Read More4 Loans That Closed With The Help of A Renovation Loan in Texas
By Leesa Sandoval
Sometimes it takes a village to close a loan but other times it just takes a qualified loan officer and a great Renovation Loan such as the FHA 203k or the Fannie Mae HomeStyle loan. Here are some recent examples of how the FHA 203k or the Fannie Mae HomeStyle Renovation loan saved the day!
Read MoreRenovation Mortgage Loans in Texas
By Leesa Sandoval
Renovation Mortgage Loans in Texas are great tools for buyers and sellers alike. They open the door for a buyer to purchase and then renovate a home to their liking. They also allow a seller to sell the home “as is” which then prevents the seller from doing a lot of unnecessary repairs/upgrades prior to selling. I use the term broadly here because the loan is as specific as the work to be done to the home.
Read MoreRenovation Lending: What Can It Do For You?
By Leesa Sandoval
The world of renovation lending isn’t a one size fits all type of business. Each loan is customized for each client’s individual needs. I wanted to take a moment to show you some examples and give you a brief overview of some of the loans that I offer.
Read MoreHow to Have A Successful FHA 203k Renovation Loan Closing
By Leesa Sandoval
I’ve heard so much chatter lately regarding FHA 203k renovation loans that I thought it was time I dispelled some of those rumors floating around. Especially those pertaining to whether or not these loans actually do close!
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