The Federal Housing Administration offers a number of refinance options for homeowners. These FHA refinance programs can be loosely classified as cash-out refinance, no cash-out refinance, and short refinance (for non-FHA loan owners). If you want to refinance your current FHA mortgage, check out Read more
The Fannie Mae HomeStyle Renovation Mortgage Guidelines
Fixing up a home is expensive. If you want to do it right after purchasing a home, it might not be a possibility for you after you make your down payment and pay the closing costs. One option you can utilize if you qualify for conventional financing is the Fannie Mae HomeStyle Renovation Mortgage. Read more
Home Improvement Loans: House Buying and Renovating in One Go
Like grades, there are homes that need improvement. There are actually loans that allow you to purchase the home and pay for its repairs as well, at the same time. Presenting home rehab loans, home renovation loans or home improvement loans, they are single-closing loans for the acquisition and Read more
Rehab Loans for First-Time Homebuyers
As a first-time homebuyer, you might have limited funds to purchase a home. Oftentimes, this means that you are left with the less than desirable homes to choose from. You might find a home that you love the layout of, but it needs repairs or you might find a home in a rural area that sat vacant for Read more