These are the kinds of loan scenarios you can review with a good loan officer to see if your remodel makes financial sense. Fortunately, Michael Stowers at loanDepot (loandepot.com/mstowers) specializes in real estate finance strategy, and he offers every type of renovation loan option including:
FHA 203k loans VA Renovation loans – with no cap on renovation! Fannie Mae Homestyle Renovation Loans Freddie Mac HomeReady Renovation Loans Jumbo Renovation/Construction loans Home Equity Lines of Credit
Check out more detailed for each on our videos!
When you finance your loan with loanDepot, you also get the Lifetime Guarantee so you can refinance your mortgage at any time, for any reason, with no lender or appraisal fees.
If you need more space or would like to make money on your home, consider a rehab loan and talk to Mike Stowers about your options.
*This information is not intended to be an indication of loan qualification, loan approval or commitment to lend. Loans are subject to credit and property approval. Other limitations may apply. Rates terms a
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