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Turn A Top Choice Into A Dream Home!

Katherine Farber

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In a seller’s market, there is a need to improve the condition of the house. 
Why not finance a small repair or cosmetic improvement to help get buyers off the fence? By 
allowing an improvement to the home, you give buyers the ability to customize a home to their own personal needs. 
 

Great for cosmetic fixes such as: paint, flooring, counter tops, replacement windows, or 
nonstructural projects like furnace, roof, HVAC, etc.

 

 

New & Improved!

  • Purchase or refinance option for any renovation project.
  • Up to 75% of the as-completed appraised value of the property and up to 97% LTV. 
  • Can finance accessory units (e.g. in-law suites, basement apartments, etc.)
  • Can use ANY contractor/subcontractor for project.

 

Conventional Streamline Renovation

  • As little as 5% down on standard and high balance loans.
  • Can use up to 15% of the as completed value of the home for renovations.
  • Available for primary, second homes, and investment properties.
  • Refinances for recent homebuyers looking to cash in on the equity built in their homes.

 

FHA Limited 203(K)

  • As little as 3.5% down on standard and high balance loans.
  • Can use up to $35,000 for renovations.
  • Available for primary homes only.
  • Refinances eligible.

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