What is a Renovation Loan?

What is a Renovation Loan?

A Renovation loan, is a first mortgage that allows you to both purchase and renovate a home that needs repairs with a 3.5% down payment. Most home buyers do not know about this type of loan.

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Renovation Loans

Renovation Loans

If you can’t find exactly what you’re looking for you may want to think about getting a renovation loan. Re-do of kitchen, bathrooms, etc. can mean you get more out of your home.

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