Buying foreclosures with renovation financing
- Purchase or Refinance plus cost of renovation. (Fixed and adjustable rates available.)
- Borrow up to 97% of 110% of the after improved value.
- All of the funds needed to close may come from a gift.
- Close before any renovation begins.
- May be used with down payment and closing costs assistance programs.
- Better renovation-financing alternative than high interest rate charge cards or finance companies.
Download Renovation Guide
Categories: First Time Home Buyer · General Industry News · renovation loan
Tagged: 203k, renovation loan
1 response so far ↓
Craig // July 25, 2008 at 8:52 pm
Hi Wil,
Regarding the rebab loans thru Wells, are they all 203k’s or do es Wells have proprietary / portfolio type rehab loans?
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